Retired Brains
Credit Card Rates

If your credit card rate has been raised...and if you have good credit (740 or above), you should consider switching to a card that offers a lower rate.  Examples of banks that traditionally have offered excellent rates are:    
  • Amalgamated Bank of Chicago 800-723-0303      
  • Simmons First National Bank (Arkansas) 800-636-5151               
  • First Community Bank (Texas) 888-763-7600           
  • IberiaBank FSB (Arkansas) 800-217-7715          

Credit Card Averages

                             Avg.APR Last wk 6 months ago
National Average  14.91%  14.91%  14.98%
Low Interest          10.40%  10.40%  10.73%
Balance Transfer   12.43%  12.43%  12.77%
Business                12.67%  12.67%  13.13%
Student                 13.77%  13.77%  13.77%
Cash Back             14.24%  14.24%  14.65%
Airline                   14.63%  14.63%  14.44%
Reward                  14.70%  14.70%  14.69%
Instant Approval    15.49%  15.49%  15.99%
Bad Credit             23.64%  23.64%  24.96%

Source: CreditCards.com
Updated: 04-25-2012

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