Average Rates for Credit Cards

 

Photo is from NerdWallet.com.

 

CreditCards.com sent out the current interest rates for different types of cards this morning. Find out if your interest rates are on par with the national averages:

Credit card rate report

As of 7/17/2014

National Average 15.03%

Low Interest 10.37%

Balance Transfer 12.64%

Business 12.80%

Student 13.27%

Cash Back 14.91%

Reward 15.00%

Airline 15.46%

Bad Credit 22.73%

Instant Approval 28.00%