Weekly Credit Card Rate Report

Posted by administrator | 21/12/11 | Tagged Credit Card Weekly Credit Card Rate Report
News from Sacramento Bee:

/PRNewswire/ — Interest rates on new credit card offers fell from their record highs this week, according to the Weekly Credit Card Rate Report.


­The average is composed of 100 of the most popular credit cards in the country, including cards from dozens of leading U.S. issuers and representing every card category. Introductory (teaser) rates are not included in the calculation.

Rates for card categories tracked by are listed below:

continues on Sacramento Bee
Credit Card Averages
  Avg. APR Last week 6 months ago
National Average 15.19% 15.22% 14.83%

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Ask Mr. Credit Card Presents the Apple Products Reward Points Study: Which …
News from Sacramento Bee:

/PRNewswire/ — The research team from Ask Mr. Credit Card just completed a study that reveals the number of reward points required to redeem Apple products from all of the major credit card issuers. The purpose of the study was to see if it made economic sense to use reward points to purchase Apple products, and also to see which reward program required the least number of points for redemption.

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According to Brooke Kaelin, editor of Ask Mr. Credit Card, “Using reward points in exchange for Apple Products in a credit card reward program yields less than a 1% rebate or return on your reward points. The exception to this rule is the Ultimate Rewards program from Chase where you do get 1% an…………… continues on Sacramento Bee

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