Interest Rate Roundup
credit cards
National credit card rates

Here's a look at the state of mortgage rates from's weekly national survey of large banks and thrifts conducted Dec. 23, 2009.

Credit Cards

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

Fixed rate averages on credit cards haven't changed. The mean fixed APR on standard cards held at 13.47 percent. Across standard, gold and platinum cards, the average fixed rate stayed at 12.43 percent.

The average variable APR for all credit cards edged up 2 basis points from last week, to 11.71 percent, but the average standard variable remained at 11.48 percent.

Revolving debt, which consists mostly of credit card balances, declined for the ninth consecutive month in October, according to the Federal Reserve's December 2009 G. 19 report on consumer credit. Credit card borrowing fell by $6.9 billion from $895 billion in September, to $888.1 billion.

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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