- 13.02% (all fixed)
- 15.63% (all variable)
Credit card rates were mixed this week, according to Bankrate's latest survey of interest rates.
The average annual percentage rate, or APR, for fixed-rate credit cards stayed at 13.02 percent, where it has held since early 2013. The APR for variable-rate credit cards went down 2 basis points to 15.63 percent. A basis point is one-hundredth of 1 percent.
This week, Citi announced enhancements to Price Rewind, a service that allows eligible credit card holders to register purchases made in stores or online to qualify for a refund if the item is cheaper elsewhere. These enhancements include a longer search window for lower prices and an increase in the amount a cardholder can be refunded.