CreditCards.com: Weekly Credit Card Rate Report

U.S. Newswire, June, 2009

To: BUSINESS EDITORS

Contact: Ben Woolsey, Director of Marketing of CreditCards.com, 1-512-996-8663, ext. 106, benw@creditcards.com

AUSTIN, Texas, June 18 /PRNewswire/ -- The national average annual percentage rate on new credit card offers was unchanged this week, according to the CreditCards.com Weekly Credit Card Rate Report, ahead of an expected Federal Reserve decision to maintain its key lending rate.

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The national average credit card APR is comprised of 95 of the most popular credit cards in the country, including cards from dozens of leading U.S. issuers and representing every card category listed below. (Introductory, or teaser, rates are not included in the calculation.) Among averages...

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