credit cards

Credit card interest rates for July 28, 2011

Interest Rate Roundup
Credit card rate graph
Find the best credit card offers available.

Credit Cards

  • 13.36% (all fixed)
  • 14.4% (all variable)

Credit card rates were unchanged from last week, according to Bankrate's latest survey of interest rates. The average APR for variable-rate credit cards stayed steady at 14.4 percent. The fixed rate, which hasn't changed all year, remained at 13.36 percent.

A study from TransUnion Wednesday showed that consumers made $72 billion more in credit card payments than purchases from the first quarter of 2009 to the same time in 2010. That refutes a belief in the industry that credit card debt fell because lenders closed more delinquent accounts. The study also showed that the average credit card debt per borrower hit a 10-year low in the first quarter of this year.

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
Balance Transfer Cards 15.70%  0.02 15.72%
Cash Back Cards 16.40% --0.00 16.40%
Low Interest Cards 10.86% --0.00 10.86%
 
Search
advertisement
CREDIT CARD WEEKLY NEWSLETTER

Get advice for managing credit cards, building your credit history and improving your credit score. Delivered weekly.

advertisement

Blog

Jeanine Skowronski

Amazon debuts credit card reader

The online shopping giant's latest foray into payments could benefit consumers.  ... Read more

Partner Center
advertisement

Connect with us