Top USA Interest Rate API alternatives in 2024

Top USA Interest Rate API Alternatives in 2024

The Current Interest Rates API, Banks Interest Rate API, Safe Rate API, United States Tax Rates API, International Rates API, Interests Calculator API, Currency Rate API, Inflation Rates API, Forex API, and Tax Rate USA API. Each of these APIs provides distinct functionalities that cater to various needs in the financial sector.

The Current Interest Rates API

Current Interest Rates API is a powerful tool that enables developers and financial professionals to access real-time interest rate information from central banks and benchmarks around the world. With this API, users can retrieve the most up-to-date interest rate data, enabling them to make informed decisions, perform market analysis, and develop applications that rely on current interest rate information.

Key Features and Capabilities

• Get Interest Rate: To use this feature, simply run the endpoint to obtain the interest rate information. This endpoint provides the latest interest rates from various central banks, allowing users to access critical financial data.

{"central_bank_rates": [{"central_bank": "Australian Central Bank", "country": "Australia", "rate_pct": 4.35, "last_updated": "11-08-2023"}, {"central_bank": "British Central Bank", "country": "United Kingdom", "rate_pct": 4.75, "last_updated": "11-07-2024"}]}

View the integration guide for step-by-step instructions.

Banks Interest Rate API

Banks Interest Rate API emerges as an invaluable resource that provides access to global central bank interest rates and key financial benchmarks. This API enables users to make informed decisions, navigate the financial landscape, and adapt to changing economic conditions.

Key Features and Capabilities

• Get Interest: To use this feature, just run the endpoint, and you will receive information about central bank interest and benchmarks. This feature provides a holistic view of interest rates, allowing users to compare rates across different countries.

{"central_bank_rates": [{"central_bank": "Australian Central Bank", "country": "Australia", "rate_pct": 4.35, "last_updated": "11-08-2023"}, {"central_bank": "British Central Bank", "country": "United Kingdom", "rate_pct": 5.25, "last_updated": "08-03-2023"}]}

View the integration guide for step-by-step instructions.

Safe Rate API

Safe Rate API provides users with up-to-date information on the current risk-free rate, as well as historical data on the rate over a given period of time. This information can be used by investors, financial analysts, and researchers to make informed decisions about their investments and financial strategies.

Key Features and Capabilities

• Get Risk-Free Rate: To use this feature, insert parameters such as date, geography, and duration. Historical values are supported up to 1960-01-04, with durations of 3 months, 5 years, and 10 years.

{"date": "2023-05-10", "geography": "US", "duration": "3m", "risk_free_rate": 5.065}

Read our technical guides for implementation tips.

United States Tax Rates API

United States Tax Rates API provides accurate information on sales tax rates in different states, facilitating accurate financial transactions. This API is essential for users seeking accurate and up-to-date information on sales tax rates across the country.

Key Features and Capabilities

• USA Taxes: To use this feature, indicate a US zip code in the parameter. This feature provides information on various tax rates, including state, county, city, and any special rates applicable to the specified zip code.

{"status":true,"message":"success","data":{"zip_code":70663,"state":"LA","state_rate":"0.04450","county_rate":"0.00000","city_rate":"0.00000","special_rate":"0.07750","city":"Sulphur","population":27582}}

View the integration guide for step-by-step instructions.

International Rates API

International Rates API simplifies currency conversion with real-time and accurate data, fostering seamless international transactions and financial decision-making. This API is focused on the U.S. dollar as the base currency, providing users with accurate, real-time exchange rate information.

Key Features and Capabilities

• All Currencies: To use this feature, just run it, and you will get all available exchange rates. This feature provides real-time exchange rates for various currencies against the U.S. dollar.

[{"source":"TheGlobalEconomy","title":"Afghanistan Exchange Rates","country":"Afghanistan","USD_exchange_rates":"75.4778","date":"Oct / 2023"},{"source":"TheGlobalEconomy","title":"Albania Exchange Rates","country":"Albania","USD_exchange_rates":"100.1403","date":"Oct / 2023"}]

Try the API playground to experiment with requests.

Interests Calculator API

Interests Calculator API is a software interface that allows developers to easily incorporate compound interest calculations into their applications. This API simplifies the process of earning interest on both the principal and interest accrued on a deposit or investment over time.

Key Features and Capabilities

• Get Interests: To use this feature, you must enter the initial investment, annual contribution, duration, and interest rate. This feature returns the calculated compound interest amount.

{"apy":"5.61%","cg_tax":"€1.32","compound_interest":"€258.49","compounding_freq":"quarterly","investment_returns":"€4862.55","principal":"$5000","principal_in":"USD","rate":"5.50%","results_in":"EUR","roi":"€5.17","simple_interest":"€253.22","time_months":"12 M","time_years":"1.00 Y"}

Check out the API documentation to get started.

Currency Rate API

Currency Rate API is an application programming interface that enables developers to retrieve real-time exchange rates between different currencies. This API simplifies the process of currency conversion for developers, allowing users to convert currency values seamlessly within their applications.

Key Features and Capabilities

• Get Real Time Rate: To use this feature, you must insert in the parameters two units, such as euro and dollar. This feature provides current exchange rates between two currencies.

{"success":true,"from":"USD","to":"EUR","rates":[{"pairName":"USD/EUR","price":0.908,"dayChanged":0.0027,"dayChangedByPercent":0.29,"dayChangedStatus":"+","from":"USD","to":"EUR","lastUpdated":"2023-04-27T13:12:11.116Z"}]}

Read our technical guides for implementation tips.

Inflation Rates API

Inflation Rates API is a vital resource for businesses, economists, and investors seeking to grasp the pulse of global economies. With real-time access to meticulously curated inflation data from around the world, this API empowers users with comprehensive insights into economic stability and market trends.

Key Features and Capabilities

• Get Countries: Call this endpoint to retrieve the list of all supported countries. This feature provides a comprehensive list of countries supported by the API.

{"success":true,"status":200,"countries":["Afghanistan","Albania","Algeria","Angola","Argentina","Armenia","Australia","Austria","Belgium","Brazil","Canada","China","France","Germany","India","Italy","Japan","Mexico","Netherlands","Russia","South Africa","Spain","United Kingdom","United States"]}

Visit the developer docs for complete API reference.

Forex API

Forex API bridges the gap between applications and the intricate world of global currencies. This API serves as a centralized hub for retrieving real-time exchange rate data, enabling applications to seamlessly perform currency conversions and international transactions.

Key Features and Capabilities

• Currencies Available: To use this feature, all you have to do is run it, and you will get the available currencies. This feature provides a list of all supported currencies.

{"AED":"United Arab Emirates Dirham","AFN":"Afghan Afghani","ALL":"Albanian Lek","AMD":"Armenian Dram","ANG":"Netherlands Antillean Gulden","AOA":"Angolan Kwanza","ARS":"Argentine Peso","AUD":"Australian Dollar","CAD":"Canadian Dollar","CHF":"Swiss Franc","CNY":"Chinese Renminbi Yuan","EUR":"Euro","GBP":"British Pound","JPY":"Japanese Yen","USD":"United States Dollar"}

Visit the developer docs for complete API reference.

Tax Rate USA API

Tax Rate USA API is an easy-to-use tool that provides accurate and up-to-date sales tax rates based on zip codes. This API simplifies the process of obtaining accurate sales tax rates by ZIP code, ensuring compliance with local tax regulations.

Key Features and Capabilities

• Get Tax by Zip Code: To use this feature, enter a zip code in the parameter. This feature provides accurate sales tax rates for that location.

{"message": "Response is not available at the moment. Please check the API page"}

Try the API playground to experiment with requests.

Conclusion