What Is the Average APR for Credit Cards?

Answer The average APR (annual percentage rate) on a credit card varies, depending on the type of credit card. The average consumer credit card APR is 16.36 percent, while the average APR on a reward cred... Read More »

Top Q&A For: What Is the Average APR for Credit Cards

What is the average annual fee for credit cards?

Annual fees can vary greatly from card to card, with average fees ranging from $8 to $150 as of July 2009, according to During the first three months of 2009, only 29 percent of cr... Read More »

What is the national average interest rate for credit cards?

As of March 2010, the national average fixed interest rate for credit cards is 13.42 percent, according to The variable interest rate is 13.99 percent. These interest rates are the AP... Read More »

How is the average daily balance of credit cards calculated?

The average daily balance on a credit card is an important item for consumers to understand. There are several factors used in calculating the average daily balance, including the daily balance and... Read More »

How many credit cards does the average person have?

The average consumer has 2.7 credit cards as of 2010, according to Among individuals who have credit cards, the average number is 3.5 cards. In 2009, Americans owned a total of mor... Read More »