# Credit Card Interest Is Paid With After-Tax Pay – Count Your Balance’s Pre-Tax Cost

- Source: Money Crashers
- Published: 2026-10-19T11:45:00+00:00
- Category: Markets
- Original: https://www.moneycrashers.com/credit-card-interest-pretax-cost/
- Canonical: https://groundlevelnews.com/story/credit-card-interest-is-paid-with-after-tax-pay-count-your-balance-s-p-cc9066/

For someone in that bracket with an average balance, the true cost runs past $2,000 a year. Card accounts that were charged interest paid an average rate of 22.15% in May 2026, according to the Federal Reserve. TransUnion put average... Source

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