Credit Card Rates Hit a Two-Year Low

March 14, 2008 RSS Feed Print
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Good news for those hit by recent spikes in credit card interest rates and looking for a new card: Rates have hit a two-year low, according to a survey by IndexCreditCards.com. The average rate for a nonreward credit card is now 13.29 percent.

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credit cards,
interest rates

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Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about making smarter financial decisions. She’s the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back.

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