credit cards

National credit card rates for Feb. 26, 2015

Interest Rate Roundup

Find the best credit card offers available.

Credit Cards

  • All fixed: 13.02%
  • All variable: 15.76%

Credit card rates were unchanged 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, while the APR for variable-rate credit cards was 15.76 percent. The APR for fixed-rate credit cards has held steady since early 2013. The APR for variable-rate credit cards had stayed the same for two weeks in a row, but then spiked 6 basis points during the week of Feb. 19.

A basis point is one-hundredth of 1 percent.

This week, Bloomberg reported that American Express is raising interest rates for more than 1 million customers after discovering its competitors were charging higher rates to borrowers "with similar credit profiles."




Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
Balance Transfer Cards 15.88%  NaN NaN%
Cash Back Cards 16.43%  NaN NaN%
Low Interest Cards 11.03%  NaN NaN%
Credit cards on a table

Get advice for managing credit cards, building your credit history and improving your credit score. Delivered weekly.


Credit Card Blog

Jeanine Skowronski

CFPB: Bring on more free scores

The CFPB also wants agencies to make it easier for consumers to access and interpret their credit reports.  ... Read more

Partner Center

Connect with us