Interest Rate Roundup
- All fixed: 13.02%
- All variable: 15.75%
Credit card rates were mixed this week, according to Bankrate's weekly survey of interest rates.
The average annual percentage rate, or APR, for fixed-rate credit cards was 13.02 percent, where it has held for more than two years.
However, the APR for variable-rate credit cards fell 2 basis points to 15.75 percent. A basis point is one-hundredth of 1 percent. The APR for variable-rate credit cards has decreased steadily over the past month, following a spike to 15.79 percent during the first week of March.
Re/code recently reported that Google is working on a project that will let consumers receive and pay bills with a credit card or debit card via Gmail.