Credit card interest rates for Oct. 10, 2013

Janna Herron
October 10, 2013

Interest Rate Roundup

Credit card rate graph
Credit card rate graph

Find the best credit card offers available.

Credit Cards

  • 13.02% (all fixed)
  • 15.36% (all variable)

The average annual percentage rate, or APR, for variable-rate credit cards increased 5 percentage points to 15.36 percent from 15.31 percent, according to Bankrate's latest survey of interest rates. A basis point is one-hundredth of 1 percentage point. The APR for fixed-rate cards stayed steady at 13.02 percent, where it's remained since mid-February.

The Federal Reserve said Monday that total revolving debt -- also known as credit card debt -- decreased less than a half-percent in August to $849.8 billion from $848.9 billion in July. That marked the third straight month of declines in credit card spending.

See all interest rates content

Next
Next



More From Bankrate.com