- 13.02% (all fixed)
- 15.36% (all variable)
Credit card rates remained unchanged this week, according to Bankrate's latest survey of interest rates. The average annual percentage rate, or APR, for variable-rate credit cards didn't move from 15.36 percent for the fourth straight week. The APR for fixed-rate cards stayed steady at 13.02 percent, where it has been since mid-February.
Last week, the Federal Reserve reported that total outstanding credit card debt increased in October to $856.8 billion from $852.5 billion in September. That marked the first month-over-month increase since May.