For the first time in two months the average interest rates on new credit card offers moved higher last week. This according to online credit card marketplace CreditCards.com, who publish a weekly survey of rates offered to U.S. consumers.
The average rate for all credit card offers surveyed by CreditCards.com last week was 15.02%. This was up from 15.01% the week before but still down from the 15.06% measured six months ago.
Among the different types of cards on offer, only Airline cards (15.38%, up from 15.30% the week before) and Reward cards (14.98%, up from 14.97%) showed any real movement.
A range of card offers were unchanged from the previous week, including Low Interest (10.37%), Balance Transfer (12.64%), Business (12.80%), Student (13.27%), Cash Back (14.91%), Instant Approval (28%) and Bad Credit (22.73%) card offers.
CreditCards.com said its weekly credit card rate survey looks at 100 of the most popular credit cards in the country.
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