The LowCards.com Weekly Credit Card Rate Report October 26, 2012

The LowCards.com Weekly Credit Card Rate Report October 26, 2012

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1060 credit cards in the United States.

Our index showed that the Annual Percentage Rates for credit cards was 14.26% which was lower than 14.28% last week.

Here are the averages from the LowCards.com Complete Credit Card Index for the previous ten weeks:

Oct.18 14.28%
Oct. 11 14.29
Oct. 4  14.32
Sep. 27  14.32
Sep. 20 14.32
Sep. 13 14.34
Sep. 6  14.34
Aug. 30 14.36
Aug. 23  14.36

The average cash advance rate for this week was 21.62% which was the same as last week.

The credit cards with the lowest interest rates in the nation 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 LowCards.com credit card rate report is compiled weekly using data from 1060 credit cards which are tracked on the LowCards.com website. The Complete Credit Card index is available here:

http://www.lowcards.com/the-complete-credit-card-index-ccci

Rates may occasionally change due to the number of cards being tracked.