- 13.02% (all fixed)
- 15.65% (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 1 basis point to 15.65 percent. A basis point is one-hundredth of 1 percent. Prior to the dip, the APR for variable-rate credit cards held at 15.66 percent for two weeks.
This week, a report from ProPublica and NPR found that 1 in 10 working Americans ages 35 to 44 are getting their wages garnished, often because of old credit card debt, medical bills or student loans.