Here's what APR rates you can expect from the largest credit card issuers in the nation. April 21, 2004: 4:40 PM EDT
Credit Card Rates
Find the best credit card for you among thousands of issuing banks.
Select a card type from the pulldown menu and click on the arrow to begin.
NEW YORK (CNN/Money) - Credit card interest rates held steady during the week ended April 20 with the average annual percent rate, or APR, for platinum cards clinging to 11.06 percent, unchanged from last week, according to information gathered by Informa Research Services.
Interest rates on platinum credit cards ranged from a low of 4.00 percent to a high of 23.99 percent.
Introductory purchase rates, also unchanged from last week, stayed at 2.75 percent. These starter rates ranged from zero percent to 9.90 percent.
And interest rates for reward cards, or incentive-based credit cards, averaged 12.07 percent, also unchanged from last week, with rates spanning from 6.45 percent to 16.90 percent.
Below are rates for credit card balance transfers from the top five largest issuers. You can compare rates from more institutions with the rate-search tools above.
Credit Cards: Top 5 National Issuers* As of April 20, 2004
Issuer
Balance Transfer Rate
Bank One
0.00% 12 Mo
Chase
0.00% 12 Mo
Citibank
0.00% 12 Mo
Discover
0.00% 10 Mo
MBNA
1.70% 6 Mo
*Top 5 Card Issuers ranked by credit card loans.
National Credit Card APRs* As of April 20, 2004
Avg
High
Low
Platinum card
11.06%
23.99%
4.00%
Reward card
12.07%
16.90%
6.45%
Intro. purch. rate
2.75%
9.90%
0.00%
*All banks, thrifts, and credit unions within the Informa Research Services database
