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 April 14, 2010.

Credit Cards

Rates: 13.7 percent (all fixed); 14.03 percent (all variable)
The average interest rate for fixed-rate credit cards didn't budge from 13.7 percent this week, but most cards in the survey have variable rates. The mean variable rate for purchases edged down this week 6 basis points to 14.03 percent.

Four cards were deleted from the survey, including three offered by National City, which is now part of PNC Bank. Five were added. Virginia Credit Union added late and overlimit fees of $20 to its cards.

The Consumer Reports Trouble Tracker Index, which looks at the financial difficulties faced by the public, showed that the number of people experiencing negative changes to their credit card terms rose in April. About 12 percent of respondents reported interest rate increases or other undesired adjustments to their account terms, up 2 percentage points from March.

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 15.75%  0.02 15.77%
Cash Back Cards 16.45%  0.03 16.48%
Low Interest Cards 10.96% --0.00 10.96%
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