credit cards

National credit card rates for Oct. 11, 2012

Interest Rate Roundup
Credit card rate graph
Find the best credit card offers available.

Credit Cards

  • 13.81% (all fixed)
  • 14.56% (all variable)

The average annual percentage rate, or APR, for variable-rate credit cards was unchanged at 14.56 percent this week, according to Bankrate's latest survey of interest rates. A basis point is one-hundredth of 1 percentage point. The fixed APR was also flat, remaining at 13.81 percent, where it has been for the last several months.

It looks like more Americans are keeping up with their credit card bills these days. Credit card delinquencies reached an 11-year low in the second quarter of this year, according to a report this month by the American Bankers Association. Credit card delinquencies dropped 15 basis points to 2.93 percent of all accounts, well below the 15-year average of 3.91 percent.

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
Balance Transfer Cards 15.67%  0.04 15.71%
Cash Back Cards 16.32%  0.04 16.36%
Low Interest Cards 10.91% --0.00 10.91%
 
Search
advertisement
CREDIT CARD WEEKLY NEWSLETTER

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

advertisement

Blog

Allison Ross

What’s your most embarassing number?

NFCC poll: 37 percent of respondents are most embarrassed to admit their credit card debt.  ... Read more

Partner Center
advertisement

Connect with us