Credit card interest rates - January 2009
Average annual credit card interest rates in January, 2009
according to CardTrak.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.
Source: CardTrak.com