September 17, 2014 Weekly Credit Card Rate Report: Average card rates remain unchanged at 15.06 percent

Austin, Texas—Average rates on new credit card offers didn't budge 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 15.06% 15.06% 15.01%
Low Interest 10.37% 10.37% 10.33%
Balance Transfer 12.73% 12.73% 12.66%
Business 12.80% 12.80% 12.98%
Student 13.27% 13.27% 13.27%
Cash Back 14.94% 14.94% 14.84%
Airline 15.46% 15.46% 15.30%
Reward 15.04% 15.04% 14.97%
Instant Approval 28.00% 28.00% 28.00%
Bad Credit 22.73% 22.73% 23.73%
Updated: 9-17-14

The national average annual percentage rate (APR) remained stuck at 15.06 percent Wednesday for the fourth consecutive week.

None of the issuers tracked by revised credit card terms this week. They left promotional rates, including 0 percent balance transfer offers and introductory APRs, alone as well. 

The national average is currently just .07 percent higher than it was a year ago, when average rates hit 14.99 percent. On Sept. 25, 2013, the national average rose to 15.03 percent and has remained above 14.99 percent ever since.

The relative stability in credit card interest rates underscores just how reluctant issuers have been to substantially change rates. Average card rates have remained within rounding distance of 15 percent for nearly four years.

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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