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Credit card interest rates for Oct. 25, 2012

Janna Herron

Interest Rate Roundup

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Credit Cards

  • 14.02% (all fixed)
  • 14.57% (all variable)

The average annual percentage rate for variable-rate credit cards inched up 1 basis point to 14.57 percent from 14.56 percent, according to Bankrate's latest survey of interest rates. A basis point is one-hundredth of 1 percentage point. The average APR for fixed-rate credit cards remained at 14.02 percent for the second week in a row.

Barnes & Noble said Wednesday that hackers tampered with PIN pad machines that take credit and debit card information in 63 of its more than 700 stores. The breach occurred in stores in California, Connecticut, Florida, Illinois, Massachusetts, New Jersey, New York, Pennsylvania and Rhode Island. The company encourages customers to review their accounts for unauthorized charges and change their PIN.

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