credit cards

National credit card rates for July 8, 2010

Interest Rate Roundup
Credit card rate graph

Credit Cards

  • 13.74% (all fixed)
  • 14.39% (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 7, 2010.

For both fixed-rate and variable-rate credit cards, the average APR for purchases remained unchanged this week. The average fixed rate stayed at 13.74 percent after a slight increase last week, and the mean variable rate stood at 14.39 percent for the third consecutive survey.

Regulatory update: Wall Street reform waits on a Senate vote, but new gift card rules and restrictions on credit card penalty fees are a certainty, both going into effect on Aug. 22. New requirements for credit card disclosures took hold July 1. 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




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Product Rate Change Last week
Balance Transfer Cards 15.75%  0.03 15.78%
Cash Back Cards 16.45%  0.03 16.48%
Low Interest Cards 10.96% --0.00 10.96%
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