ICC Twitter

"As comprehensive a list as you'll find of all the credit-card offers on the table now." Newsweek

Credit Card Categories

Low Interest Credit Cards:

Reward Credit Cards:

Business Credit Cards:

Bad Credit Credit Cards:

Student Credit Cards:

Prepaid Credit Cards:

Complete Credit Card List:

Credit Card News

May 2, 2006


Credit Card Rates Steady for Just Third Time in 2006
No change in average credit card rates this week, just the third time this year that rates have not increased week to week, according to the weekly IndexCreditCards.com Credit Card Monitor. Nevertheless, average rates have increased over one full point in 2006, so this week's lack of movement certainly couldn't be called a trend.

Average rates stand at:

  • Non-reward consumer credit cards: 13.82% (The average rate for consumers with the very best credit is 10.91%.)
  • Reward credit cards for consumers: 15.23%. (The average rate for consumers with excellent credit is 12.83%.)
  • College student credit cards: 16.04%.
  • Business credit cards without rewards: 11.46%
  • Business credit cards with rewards: 13.57%

Financial institutions represented in the survey include Advanta, American Express, Bank of America, Capital One, Chase, Citi, Discover, MBNA, National City, Providian, Pulaski Bank, U.S. Bank, Wachovia, Wells Fargo and more.

 

Recent Credit Card News Articles

Complete Credit Card News Archive

Index Credit Cards Home

 

 


* variable rate = credit card interest rate changes in line with federal interest rates or other rate index; fixed rate = credit card rate stays the same regardless of changes in federal rates, but still may be changed by credit card issuer in the future.

** See the online Discover credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on Discover's website.

About us | Index Credit Cards in the News | Credit & Financial Links

Press Contact:
Adam Jusko
a.jusko@indexcreditcards.com
216-221-0312

Site Map | Privacy Policy | Terms of Use