Interest Rate Roundup
credit cards
National credit card rates

Here's a look at the state of credit card rates from's weekly national survey of large banks and thrifts conducted Dec. 9, 2009.

Credit Cards

Rates: 13.47 percent (standard fixed); 11.48 percent (standard variable)

Average fixed rates on credit cards climbed this week while variable rates stayed flat. The mean fixed rate for all cards moved up 3 basis points to 12.34 percent and the average variable rate carried on at 11.68 percent.

Standard-fixed rates have sat at 13.46 percent since June, but inched up 1 basis point this week. The average variable rate on standard cards kept to 11.48 percent.

Credit reporting agency TransUnion predicts that the rate of credit card delinquencies will decline in 2010, the Associated Press reported this week. By the close of next year, 90-day delinquencies on bank-issued credit cards are expected to sink to 1.04 percent. That drop wouldn't be as drastic as the declines in the past two years. Credit card delinquencies peaked at 1.42 percent in the third quarter of 2006.

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

See all credit card rates content.

-- Leslie McFadden


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Product Rate Change Last week
Balance Transfer Cards 15.77%  0.06 15.71%
Cash Back Cards 16.48%  0.07 16.41%
Low Interest Cards 10.96%  0.10 10.86%
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