- 13.02% (all fixed)
- 15.68% (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 up 2 basis points to 15.68 percent from 15.66 percent. Prior to the spike, the APR for variable-rate credit cards had held steady for three weeks in a row.
A basis point is one-hundredth of 1 percent.
This week, Staples confirmed that it is investigating a possible credit card data breach, first reported by security blogger Brian Krebs.