Credit Card Interest Rate Averages
Here's an interesting chart of credit card interest rate averages - both current rates and how they've changed from 6 months ago. Interest rates are shown by card category (i.e. business, airline, student, etc.)
If you are using credit cards to help cover expenses, comparing interest rates of cards is something you'll want to take a look at, especially if you can transfer a high-interest balance from your current credit card to a lower interest or 0% APR intro rate on another card. Depending on your balance, you can save hundreds of dollars on interest - and I'd guess there are other things you'd rather spend that money on than interest....
If you are using credit cards to help cover expenses, comparing interest rates of cards is something you'll want to take a look at, especially if you can transfer a high-interest balance from your current credit card to a lower interest or 0% APR intro rate on another card. Depending on your balance, you can save hundreds of dollars on interest - and I'd guess there are other things you'd rather spend that money on than interest....
Labels: credit card news, credit card rate

