credit cards

National credit card rates for Oct. 20, 2011

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

Credit Cards

  • 13.85% (all fixed)
  • 14.44% (all variable)

The average annual percentage rate, or APR, for variable-rate credit cards slipped 4 basis points to 14.44 percent from 14.48 percent, according to Bankrate's latest survey of interest rates. The fixed rate remained at 13.85 percent for the third consecutive week. A basis point is one-hundredth of 1 percentage point.

News this week from six of the largest credit card issuers revealed that more Americans are falling behind on their credit card bills. After more than two years of consistent improvement, Bank of America, JPMorgan Chase, Citigroup, Discover, Capital One and American Express reported increases in the percentage of cardholders who are at least 30 days late on their monthly payments in September. While the rises were modest, they could signal tougher times ahead for consumers.




Show Bankrate's community sharing policy
Advertiser Disclosure
Advertiser Disclosure

The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where and in what order products appear. This table does not include all companies or all available products.

          Connect with us
Product Rate Change Last week
Balance Transfer Cards 15.77% --0.00 15.77%
Cash Back Cards 16.48% --0.00 16.48%
Low Interest Cards 10.96% --0.00 10.96%
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

1 in 5 need credit card to survive

A new survey finds some cardholders are still overly reliant on the payment method.  ... Read more

Partner Center

Connect with us