Low Interest Rate Offers

The current rates of credit cards are as high as they have ever been in the last four years with the national average on new card offers standing at 15.14%. Just six months ago, the rates were averaging 14.75%. These rates are just the national average and many credit card holders are actually paying much higher rates.
Unlike other interest rates including those for mortgages which are seeing 50 year lows, credit card interest rates are getting higher. Even the best customers are paying around 3.25% on monthly interest charges.
Experts contend the skyrocketing rates are largely an ‘unintended consequence’ of the Credit Card Accountability, Responsibility, and Disclosure Act (CARD Act) which was passed by Congress in order to stop unfair practices by the credit…

Average credit card interest rates for consumers and businesses changed during the first half of December, 2011 despite a stable US bank prime rate of 3.25%.  Not all credit card interest rates are directly linked to the prime rate and there are a variety of reasons why the average credit card interest rates might change even with a stable US bank prime rate.
December 2011 Average Credit Card Rates
In December, the difference between interest rates for individuals with good credit compared to individuals with average credit narrowed, dropping between a half a percent to 3.57%.   The overall average interest rate for all credit cards is 16.71%.
The only category of credit cards which did not change their average interest rates this quarter are business credit cards.…

With more people in search of savings and deals for the 2011 holiday shopping season, credit card issuers are offering more aggressive cash back programs and increased rewards points earnings in an effort to entice customers to use their credit card over the competition.
American Express
Shopping from specific brands including Apple and Target during Cyber Week of November 21^st to November 30^th will allow American Express cardholders to earn five times the normal rewards points.
Amazon Rewards Card
Buying digital downloads from Amazon.com on your Amazon rewards card between November 15^th and December 31^st offers additional rewards points to cardholders.
Discover Card
Cash back Discover card members will earn 5% to 10% additional cash back when shopping specific retailers on Discover’s…