Low Interest Credit Cards:

• Low APR Credit Cards - Ongoing
• 0% Introductory Offer Credit Cards
• 0% Balance Transfer Credit Cards

Reward Credit Cards:

• Cash Back Credit Cards
• Credit Card Reward Programs
• Travel and Airline Credit Cards
• Gas Credit Cards
• Automotive Credit Cards

Business Credit Cards:

• Low Interest Business Credit Cards
• Business Credit Cards with Rewards

Bad Credit Credit Cards:

• Secured Credit Cards
• Unsecured Credit Cards

Student Credit Cards:

• Low Interest Student Credit Cards
• Student Credit Cards with Rewards

Prepaid Credit Cards:

• Prepaid Credit Cards

Complete Credit Card List:

• Complete Credit Card List

August 11, 2006

Credit Card Rates Steady as Fed Applies Brakes
No changes to average credit card rates this week, as the Federal Reserve's decision to stand pat on interest rates is good news for most cardholders. The average credit card rate remains at 14.16%.

The 14.16% average rate relates to non-reward consumer credit cards. The average credit card rate for consumer reward cards remains at 15.66%. (For those with excellent credit, the average rates are 11.25% and 13.23%, respectively.)

The average student credit card rate is 16.46%.

The average non-reward business credit card rate stands at 12.11%, while the average rate for business credit cards with rewards is 14.05%.

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.

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