November 25, 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 stayed put 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: 11-25-2015

For the second week in a row, issuers left interest rates unchanged. As a result, the national average annual percentage rate (APR) remained at 14.96 percent. Issuers also left promotional APRs and balance transfer offers intact this week.

Interest rates on new credit card offers are currently at their lowest point in more than six months. After remaining below 15 percent for the first five months of 2015, average rates rose to 15 percent at the end of June and remained there for a record-setting 16 consecutive weeks. Interest rates increased slightly to 15.01 percent in mid-October before dropping to 14.96 percent the following month.

Since January, rates have increased just five times and fallen three times.

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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