Average APRs for credit cards and banking APYs were up slightly. June 8, 2005: 2:45 PM EDT
CDs & Money Market
MMA
0.90%
$10K MMA
0.95%
6 month CD
1.02%
1 yr CD
1.43%
5 yr CD
2.55%
Credit Card Rates
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NEW YORK (CNN/Money) - Consumer interest rates for credit cards and banking products were mixed the week ending June 7th, according to the latest Informa Research Services survey.
The average annual percentage rate, or APR, for platinum cards rose to 11.50 percent. Interest rates ranged from a low of 5.99 percent to a high of 19.80 percent for the week and stood at 11.44 percent a month earlier.
Interest rates for banking products were higher, with 12-month CDs inching up to a 2.78 percent average annual percent yield, or APY, up from 2.75 percent the previous week. Rates were 2.68 a month earlier.
The average interest rate for money markets ticked higher at 0.98 percent, from 0.97 percent the previous week, with a range of 0.02 percent to 3.30 percent. Rates stood at 0.94 percent a month earlier.
Interest rates for checking accounts stayed flat at 0.37 percent average for the second week in a row. Rates ranged from 0.01 percent to 3.56 percent the week ended June 7th.
Below are the rates for key savings products from the 10 largest banks. You can compare rates for banking products, as well as credit cards, using the rate-search tools above.
