|
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) - Consumer interest rates for credit cards and banking products edged mostly higher the week ending Jan. 18, according to the latest Informa Research Services survey.
The average annual percentage rate, or APR, for platinum cards inched up to 11.23 percent from 11.18 percent the previous week. Interest rates ranged from a low of 5.25 percent to a high of 19.8 percent for the week and stood at 11.01 percent a month earlier.
Rates for introductory purchase credit cards dipped to a 1.85 percent average, down from 1.86 percent last week, and stood at 1.85 percent a month earlier. For the week ended Jan. 18, rates ranged from zero percent to 9.9 percent.
Reward, or incentive-based, credit cards advanced to a 12.24 percent average, up from 12.22 percent last week, with a range of 5.9 percent to 17.24 percent. Rates stood at 12.05 percent a month earlier.
Interest rates for banking products also tipped mostly higher, with 12-month CDs creeping to a 2.11 percent average annual percent yield, or APY, up from 2.08 percent the previous week.
Rates for 12-month CDs ranged from 0.35 percent on the low end to 3.57 percent for the week. A month earlier, the average rate stood at 1.98 percent.
The average interest rate for money markets edged up to 0.80 percent from 0.79 percent last week, with a range of 0.02 percent to 3.04 percent. Rates stood at 0.76 percent a month earlier.
|
