Interest Rate Roundup
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- 13.02% (all fixed)
- 15.15% (all variable)
Credit card rates remained unchanged this week, according to Bankrate's latest survey of interest rates. The average annual percentage rate, or APR, for variable-rate credit cards stayed steady at 15.15 percent. The APR for fixed-rate cards stood at 13.02 percent.
Bank of America released a new credit card Monday that rewards cardholders $25 toward their balance each quarter if they pay more than the monthly minimum on time. Cardholders with other accounts at the bank can earn an extra $5 more each quarter. The card has no annual fee.
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