Average credit card interest rates: Week of January 13, 2021
Essential reads, delivered weekly Subscribe to get the weekâs most important news in your inbox every week. Enter your email address Subscribe By providing my email address, I agree to CreditCards.comâs Privacy Policy Your credit cards journey is officially underway. Keep an eye on your inboxâweâll be sending over your first message soon.
The average credit card interest rate is 16.05%.
The average minimum credit card APR held firm Wednesday after lenders declined to revise rates on new offers for another week. As a result, borrowers in the market for a new card continued to enjoy starting APRs that are more than a full point lower on average than they were a year ago.
Cardholders with excellent credit are enjoying some of the sharpest rate savings this year. ...