Wednesday, December 6, 2017 Weekly Credit Card Rate Report: Average card APR remains unchanged at 16.15 percent

Austin, Texas — The average credit card interest rate remained fixed at 16.15 percent this week, according to the Weekly Credit Card Rate Report.

The average is comprised of 100 of the most popular credit cards in the country, including cards from dozens of leading U.S. issuers and representing every card category. Introductory (teaser) rates are not included in the calculation.

Rates for card categories tracked by are listed below:

Credit Card Rate Averages
  Avg. APR Last Week 6 Months ago
National Average 16.15% 16.15% 15.82%
Low Interest 12.89% 12.89% 12.73%
Balance Transfer 15.38% 15.38% 15.13%
Business 13.68% 13.68% 13.66%
Student 15.70% 15.70% 14.04%
Cash Back 16.40% 16.40% 15.99%
Airline 16.07% 16.07% 15.77%
Reward 16.24% 16.24% 15.85%
Instant Approval 18.60% 18.60% 18.30%
Bad Credit 23.46% 23.46% 23.23%
Updated: 12-6-17

Most card issuers left interest rates and promotional terms, such as interest-free offers, unchanged.

The sporting goods store Cabela’s boosted the minimum APR on the Cabela’s Club Visa to 16.35 percent and extended the card’s maximum APR to 25.35 percent. But the change was too small to affect the national average.

This week marks the 12th unbroken week the average card APR has stood at 16.15 percent. Credit card rates have trended upward for most of 2017.

A year ago today, the average card APR stood at 15.18 percent -- nearly a full percentage point lower than where it stands today.

The credit card rate survey (permalink: 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.

About 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.,, enables consumers to search for, compare and apply for credit cards and offers credit card issuers an online channel to acquire qualified applicants.

For more information, contact:


Matt Schulz
Senior Industry Analyst
512-996-8663, ext. 103

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