National Taxpayers Union ads

Don’t let what happened to Spirit Airlines happen to Warner Bros.

When credit access shrinks, families have fewer options to handle emergencies and everyday expenses. Capping interest rates leads to reduced credit access and higher fees, hurting those who need financial flexibility the most.

Policy decisions meant to help can often have the opposite effect. Capping interest rates threatens to destabilize the credit market, making it harder for banks to offer essential financial services. We must protect the availability of credit to ensure long-term economic growth.

Credit card interest rate caps will mean canceled cards, higher annual fees, and fewer options for you and your family. Policies like this don’t lower costs—they shift them onto consumers.

When credit card interest rates are capped, you will pay in other ways—through higher fees, fewer rewards, or reduced access to credit.

Capping credit card interest rates will make it harder for banks to offer credit, meaning you could lose your card or face tighter approvals.