Here's a look at the state of credit card rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 9, 2009.Interest Rate RoundupMortgagesCDsAuto LoansHome EquityCredit CardsCredit CardsRates: 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 advertisementRelated Links:National credit card ratesHouse passes reform billWill late corporate card hurt credit score?Related Articles:Holiday tips for cardsStore credit cardsCredit on campus
Here's a look at the state of credit card rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 9, 2009.
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
A little research could save you BIG on interest.