The LowCards.com Weekly Credit Card Rate Report for August 16, 2013

The LowCards.com Weekly Credit Card Rate Report for August 16, 2013

August 16, 2013         Written By Bill Hardekopf

The LowCards.com 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 Ratesfor credit cards was 14.36% which was higher than last week’s average of 14.35%. The average cash advance rate for this week was 21.75% which was unchanged from last week. Below are the averages from the LowCards.com Complete Credit Card Index for the previous twelve weeks:

Date:Rate:
August 914.35%
July 3114.31%
July 2614.32%
July 1914.34%
July 1214.34%
July 414.32%
June 2714.32%
June 2014.30%
June 1314.30%
June 614.28%

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 LowCards.com weekly credit card rate report is compiled by our editorial team using data we collect and update on a weekly basis.  LowCards.com contains one of the largest databases of credit cards available, our Complete Credit Card Index (CCCI) which is updated weekly and contains information on over 1,000 credit cards, interest rates, cash advance rates, introductory rates, grade periods and annual fees.  For more information on specific credit cards and interest rates, visit our CCCI page at https://www.lowcards.com/the-complete-credit-card-index-ccci.

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.


This entry was posted in Credit Card News , Weekly Rate Report and tagged No tags added


The information contained within this article was accurate as of August 16, 2013. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


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About Bill Hardekopf

Bill Hardekopf is the CEO of LowCards.com and covers the credit card industry from all perspectives. Bill has been involved with personal finance for over 15 years. He is a frequent contributor to Forbes, The Street and The Christian Science Monitor.
View all posts by Bill Hardekopf
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