Credit card interest rates - January 2009

Average annual credit card interest rates in January, 2009
according to Card Trak dot com:

Jan 2009 July 2008 Jan 2008
Promotional: 1.60% 2.01% 2.70%
Super-Prime: 8.46% 9.83% 10.95%

Prime:
12.94% 14.09% 15.46%
Sub-Prime: 20.02% 20.94% 22.78%
Punitive: 27.99% 29.08 30.16%

Note: Average Rates based on FICO Credit Scores.
Super-Prime = 760-850; Prime = 660-759; Sub-Prime = 500-659.

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