credit cards

National credit card rates for July 29, 2010

Interest Rate Roundup
Credit card rate graph

Credit Cards

  • 13.74% (all fixed)
  • 14.31% (all variable)

Here's a look at the state of credit card rates from's weekly national survey of large banks and thrifts conducted July 28, 2010.

The average purchase APR for fixed-rate credit cards remained at 13.74 percent for the fifth consecutive week, but the mean variable rate slipped 8 basis points to 14.31 percent. PNC Bank has replaced GE Money Bank in our weekly survey, which triggered a drop in the average variable rate.

Under a provision in the new financial reform law, consumers penalized by their credit rating in an adverse action will automatically receive a free credit score disclosure. Overlapping risk-based pricing rules that go into effect on Jan. 1, 2011, could bring about even broader access to free credit scores. makes it easier to find low-rate credit cards and credit cards with rewards. You can search by issuer, card type or credit score.

-- Leslie McFadden




Editorial Disclaimer: The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.

Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
Balance Transfer Cards 16.43%  0.01 16.42%
Cash Back Cards 16.74%  0.03 16.71%
Low Interest Cards 11.83%  0.06 11.89%

Credit Card Blog

Mitch Strohm

Best credit card rates for Tuesday, May 31

It's a good time to be in the market for some new plastic.  ... Read more

Connect with us