Saturday, May 11, 2013

Credit Card Interest Rate Roundup | Bankrate.com

  • 13.02% (all fixed)
  • 15.24% (all variable)

Credit card rates remained unchanged from last week, according to Bankrate's latest survey of interest rates. The average annual percentage rate, or APR, for variable-rate credit cards stayed steady at 15.24 percent. The APR for fixed-rate cards remained at 13.02 percent for the 12th straight week.

The average credit card debt per consumer fell just more than 2.5 percent in April to $5,089 from $5,220 in March, according to CreditKarma's latest survey of consumer debt released Monday. April's level of debt also was almost 10 percent lower than the year before.

Source: http://www.bankrate.com/finance/credit-cards/rate-roundup.aspx

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