credit cards

National credit card rates for Nov. 3, 2011

Interest Rate Roundup
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Credit Cards

  • 13.71% (all fixed)
  • 14.46% (all variable)

The average annual percentage rate, or APR, for variable-rate credit cards inched higher by 2 basis points to 14.46 percent from 14.44 percent, where it had been for the second consecutive week, according to Bankrate's latest survey of interest rates. A basis point is one-hundredth of 1 percentage point. The fixed rate stayed steady at 13.71 percent.

 

 

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Product Rate Change Last week
Balance Transfer Cards 15.77%  0.06 15.71%
Cash Back Cards 16.44%  0.03 16.41%
Low Interest Cards 10.96%  0.10 10.86%
 
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