- 13.36% (all fixed)
- 14.42% (all variable)
Credit card rates didn't budge for the third week in a row, Bankrate's latest survey of interest rates showed. The average APR for variable-rate credit cards stayed steady at 14.42 percent, while the fixed rate remained at 13.36 percent. The fixed rate hasn't changed all year.
Bank of America topped all other credit card issuers in fraud prevention, detection and resolution, according to a Javelin Strategy & Research study released Tuesday. Phil Blank, Javelin's head security and risk analyst, who authored the study, noted that BofA has partnered with an outside security vendor, offers additional levels of authentication on its website and provides software that helps prevent certain types of hacking. Discover, U.S. Bank, USAA and Capital One rounded out the top five in the survey.-- Janna Herron