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I'm dumbfounded anytime I hear people even talk about credit card interest rates. Why are people borrowing money at double digit interest rates? Unless your kids are starving, what could be the investment that makes borrowing at that cost worth it?

I have no clue what my credit card interest rates are, they're all set to autopay.

It's because you're not the target market for credit cards, you probably lose the companies money.

I'm in the same boat as you except I also churn for miles/points.

I think it's also a slightly more US-centric thing.

Emergencies happen.

You really should be paying off your balance in full every month so you’re not paying interest at all. Even the lowest credit card interest rates are exorbitant.

Does it have a much worse APR? I got 12.99%, which while an expensive loan is still the best APR I think I've ever had on a credit card.

Without getting too much into specifics, it was 3% higher than my current highest card.