Interest Rate Roundup
credit cards
National credit card rates for May 13, 2010

Here's a look at the state of credit card rates from Bankrate.com's weekly national survey of large banks and thrifts conducted May 12, 2010.

Credit Cards

Rates: 13.7 percent (all fixed); 14.03 percent (all variable)

Continuing a seven-week trend, the average fixed rate on purchases for all credit cards held at 13.7 percent. Variable rates stood at 14.03 percent for the fifth consecutive week.

Issuers sent 481.3 million credit card offers to Americans in the first quarter of 2010, which amounts to a 29-percent year-over-year increase, according to a new study from Synovate, a global marketing research firm. This increase continues an uptick in offers that began in the fourth quarter of 2009, a year that saw annual mail volume drop to its lowest level since 1993.

You can find your best credit card deal -- by type -- at Bankrate's interactive tool.

See all credit card rates content.

-- Leslie McFadden

advertisement

Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
Balance Transfer Cards 15.71%  0.01 15.70%
Cash Back Cards 16.36% --0.00 16.36%
Low Interest Cards 10.91% --0.00 10.91%
 
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

Allison Ross

BofA to pay $772 million over credit cards

Bank of America is refunding about $738 million to customers in addition to $45 million in penalties.  ... Read more

Partner Center
advertisement

Connect with us