Credit Cards
Rates: 13.46 percent (standard fixed); 10.80 percent (standard variable)This week the average variable interest rate for new accounts crept up 2 basis points to 10.90 percent. Fixed rates remained at 12.26 percent.
For three weeks, average rates for standard cards haven't budged. The mean fixed APR held at 13.46 percent and the average variable rate clung to 10.80 percent.
Americans are still seeing negative changes to their credit card accounts. Nearly a third of consumers experienced at least one unfavorable adjustment to the terms of their agreements, according to a June 2009 survey from Credit.com.
About 19 percent of consumers reported an increase in their interest rate, up 4 percentage points from the February poll. The number of consumers who said their credit limit had dropped also increased -- from 8 percent to 14 percent. Around 14 percent saw an increase in fees, 9 percent a depletion of their rewards program and 12 percent a rise in their minimum payment due.
You can find your best credit card deal -- by type -- at Bankrate's interactive tool.
-- Leslie McFadden