Average Credit Card Rates – December 2014

average-card-ratesThe present common bank card fee for the general market is 17.98%. This is a rise from final month and is the very best common we’ve calculated in 2014. The entire adjustments we’ve seen since final month have been to reward & money again playing cards from main banks; the charges on playing cards with out rewards and retail bank card charges have remained regular. Under you’ll discover present common charges in a number of card classes:

  • The typical fee for low curiosity bank cards with no rewards is 15.02%.
  • The typical fee for rewards bank cards is 18.01%, a leap up from 17.88% final month.
  • The typical fee for division retailer / retail bank cards stays at 22.84%, because it has been all through 2014.


Credit Card Catalog computes these averages by monitoring a consultant pool of bank cards throughout all segments over time. Credit playing cards supplied by main bank card corporations in addition to smaller banks are included, although extra weight is given to playing cards issued by the bigger banks that make up the overwhelming majority of bank cards in circulation.

In computing common charges, Credit Card Catalog makes an attempt to account for the a number of fee tiers at which shoppers could also be accredited for a lot of playing cards. For instance, Chase might approve new holders of its Slate bank card at considered one of three fee tiers: 12.99%, 17.99%, or 22.99%.

If you want additional details about our fee calculations, or would really like commentary on the present fee marketplace for a information story, contact Adam Jusko, CEO of Credit Card Catalog, at adam@creditcardcatalog.com.