credit cards

National credit card rates for Sept. 25, 2014

Interest Rate Roundup
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Credit Cards

  • 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.

 

 

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Product Rate Change Last week
Balance Transfer Cards 15.75% --0.00 15.75%
Cash Back Cards 16.45% --0.00 16.45%
Low Interest Cards 10.96% --0.00 10.96%
 
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Credit Card Blog

Jeanine Skowronski

Citi enhances Price Rewind program

The program will now search 60 days for lower prices; the amount cardholders can be refunded has also been raised.  ... Read more

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