September 18, 2013 Weekly Credit Card Rate Report: Credit card interest rates remain unchanged

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 14.99% 14.99% 14.95%
Low Interest 10.46% 10.46% 10.29%
Balance Transfer 12.41% 12.41% 12.59%
Business 12.98% 12.98% 13.13%
Student 13.27% 13.27% 13.16%
Cash Back 14.51% 14.51% 14.13%
Airline 14.51% 14.51% 14.63%
Reward 14.82% 14.82% 14.75%
Instant Approval 28.00% 28.00% 15.49%
Bad Credit 23.48% 23.48% 23.64%
Updated: 9-18-13

The national average annual percentage rate (APR) remained stuck at 14.99 percent Wednesday.

None of the cards tracked by announced new rates this week. Issuers left promotional offers -- including 0 percent APRs and interest-free balance transfers -- alone as well.

This is the third week that the national average APR has hovered just below 15 percent. Average rates rose to 14.99 percent on Sept. 4, after removed several cards that were no longer being promoted online and replaced them with similar offers.

Currently, the average APR for the year is 14.96 percent -- the same as it was last year. In 2012, average rates for the year settled at 14.96 percent, after rising to 14.85 percent the year before.

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:


Contact:, Austin
Ben Woolsey, 512-996-8663, ext. 106
Director of Marketing

NOTE TO EDITORS: The information contained in this release is available for print or broadcast with attribution to