Rates for card categories tracked by CreditCards.com are listed below:
For the second consecutive week, the national average annual percentage rate (APR) remained at 15.19 percent.
Most cards included in the CreditCards.com database left interest rates alone this week. The regional bank BB&T lowered the minimum available rate on the BB&T Spectrum Rewards card, but the change was too small to affect the national average.
Applicants are now offered a minimum rate of 10.40 percent -- down from a previous low of 10.90 percent. BB&T also lowered the card's maximum rate by more than 4 percentage points, reducing the card's maximum APR from 23.99 percent to 19.40 percent. The change didn't affect the national average, though, because CreditCards.com only considers a card's lowest available interest rate.
The CreditCards.com credit card rate survey (permalink: http://www.creditcards.com/rate-report) is conducted weekly, using offer data from leading U.S. card issuers' websites. Introductory offer periods and regular interest rates will vary with applicants' credit quality and issuer risk-based pricing policies.
CreditCards.com is the leading online credit card marketplace connecting consumers with multiple credit card issuers, including a majority of the 10 largest in the United States, based on credit card transaction volume. CreditCards.com, http://www.creditcards.com, enables consumers to search for, compare and apply for credit cards and offers credit card issuers an online channel to acquire qualified applicants.
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