2007-03-19 06:07:43 · 3 answers · asked by Jack Tripper 3 in Business & Finance ➔ Credit
There is no average. People with good credit scores get cards that are at very low interest rates. I think my lowest one is at about 7%. People with bad credit scores or if they're late on payments, get high interest rate cards. Some are as high as 30%.
There seems to be a lot of cards issued at around 12% - 18% though so maybe that's the average.
2007-03-19 06:17:31 · answer #1 · answered by Faye H 6 · 0⤊ 0⤋
It depends on the person... it's usually 18-23% for someone with a limited credit history and a rate hike of about 10% higher if you've had a late payment on ANY credit card.
2007-03-19 13:49:06 · answer #2 · answered by Anonymous · 0⤊ 0⤋
depends on the credit card
from 14%-29%
2007-03-19 13:16:42 · answer #3 · answered by Greeneyed 7 · 0⤊ 0⤋