Wednesday, June 17, 2015 Weekly Credit Card Rate Report: Average card rates remain at 14.99 percent for fourth week

Austin, Texas — Interest rates on new credit card offers remained cemented in place Wednesday, 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 14.99% 14.99% 14.92%
Low Interest 11.62% 11.62% 10.37%
Balance Transfer 14.12% 14.12% 12.73%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Cash Back 15.27% 15.27% 14.94%
Airline 15.10% 15.10% 15.52%
Reward 15.13% 15.13% 14.90%
Instant Approval 17.93% 17.93% 23.33%
Bad Credit 22.73% 22.73% 22.73%
Updated: 06-17-15


The national average annual percentage rate remained locked at 14.99 percent for the fifth consecutive week.

None of the cards tracked by advertised new interest rates. Promotional terms also remained unchanged.

Issuers have been reluctant to alter credit card terms for most of 2015. Average rates have decreased somewhat over the past year thanks to lower rates on a select group of cards. As a result, the average APR for the year is lower now than it's been in years. The average APR for 2015, for example, is currently 14.91 percent -- down from 15.01 percent in the first six months of 2014. However, issuers show few signs of changing rates on a wider group of cards.

The credit card rate survey (permalink: is conducted weekly, using offer data from the 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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