Official data ·
Dominican credit card interest rate reaches 58.35 % in September 2026, the highest since 2018: RD$5,835 a year on a RD$10,000 balance
The interest rate banks in the Dominican Republic charge on credit card consumption was 58.35 % a year in September 2026, the highest since February 2018, according to the Central Bank of the Dominican Republic (BCRD). At that rate, a RD$10,000 balance carried for a year generates about RD$5,834.92 in interest, three times the cost at the 19.41 % rate on other consumer loans, according to Economía con Datos calculations with the source's data.
The Central Bank of the Dominican Republic (BCRD) publishes every month the lending rate on credit card consumption in Dominican pesos. In September 2026 it was 58.35 % a year, the highest since February 2018 (59.71 %) and 0.52 percentage points above September 2025 (57.83 %).
What a RD$10,000 balance costs
At 58.35 % a year, a RD$10,000 balance left unpaid for a year generates about RD$5,834.92 in interest: about RD$486.24 a month or RD$15.99 a day. At the rate for other consumer loans (19.41 % in September 2026), the same balance generates about RD$1,941.10. These are Economía con Datos calculations with simple interest, without compounding, fees or late charges; what each cardholder pays depends on their contract.
How it has changed
The rate was 82.90 % in September 2006 and 59.49 % in September 2016. It fell to 48.35 % in September 2023 and then rose: 51.33 % in 2024, 57.83 % in 2025 and 58.35 % in 2026. The monthly series, with data since January 2006, peaked in January 2011 (91.17 %) and hit its low in April 2020 (46.59 %).
Source: Banco Central de la República Dominicana (document in Spanish).
This is an English summary by Economía con Datos. Read the full article in Spanish.
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