The Weekly Credit Card Rate Report for July 31, 2013

The Weekly Credit Card Rate Report for July 31, 2013

July 31, 2013         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 14.31% which was slightly lower than last week’s average of 14.32%. The average cash advance rate for this week was 21.72% which was also just slightly lower than last week’s 21.73%. Below are the averages from the Complete Credit Card Index for the previous twelve weeks:

Date: Rate:
July 26 14.32%
July 19 14.34%
July 12 14.34%
July 4 14.32%
June 27 14.32%
June 20 14.30%
June 13 14.30%
June 6 14.28%
May 30 14.27%
May 24 14.27%
May 17 14.26%
May 10 14.25%

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. 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

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 July 31, 2013. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


About Bill Hardekopf

Bill Hardekopf is the CEO of 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.
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