December 2, 2015 Weekly Credit Card Rate Report: Average credit card interest rates sit tight at 14.96 percent

Austin, Texas — Average rates on new credit card offers remained flat 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 14.96% 14.96% 14.99%
Low Interest 11.62% 11.62% 11.62%
Balance Transfer 14.07% 14.07% 14.13%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Cash Back 15.27% 15.27% 15.28%
Airline 14.91% 14.91% 15.10%
Reward 15.09% 15.09% 15.12%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.73%
Updated: 12-2-2015

For the third week in a row, the national average annual percentage rate (APR) remained at 14.96 percent.

Most issuers left interest rates alone this week. The sporting goods store Cabela's increased the APR on the Cabela's Club Visa card by 0.05 percent after the 1-month Libor rate changed. However, the rate hike was too small to affect the national average. Sporting enthusiasts who apply for a Cabela's Club card are now offered a range of APRs starting at 15.23 percent and topping out at 21.23 percent.

Bank of America was also active. It eliminated the 12-month 0 percent introductory APR on the BankAmericard Better Balance Rewards card, but it left the card's interest-free balance transfer offer intact.

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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