The Weekly Credit Card Rate Report for December 22, 2015

December 22, 2015, Written By Bill Hardekopf

The Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual Percentage Rates for credit cards was 14.87% which was higher than last week at 14.62%. The average cash advance rate for this week was 22.11% which was higher than 21.86% last week. Below are the averages from the Complete Credit Card Index for the previous ten weeks:

Date: Rate:
December 15 14.62%
December 9 14.62%
December 1 14.63%
November 24 14.64%
November 18 14.64%
November 11 14.62%
November 3 14.58%
October 27 14.58%
October 22 14.56%
October 13 14.56%
October 6 14.56%
September 29 14.55%

From our Complete Credit Card Index (CCCI), we’ve identified the three cards out of 1,000+ US based cards with the lowest interest rates.  The three cards with the lowest rates this week are:

  1. 5.00% Speedway SuperAmerica Credit Card
  2. 5.15% First Tennessee Platinum Premier Visa
  3. 6.25% Lake Michigan Credit Union Platinum Visa

The weekly credit card rate report is compiled by our editorial team using data we collect and update on a weekly basis.  Please note: Rates may occasionally change due to the number of cards being tracked, new card additions, removal of cards by issuers and other factors beyond our control.

The information contained within this article was accurate as of December 22, 2015. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.