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Popular credit cards’ interest rates decline for second straight week
CommentsThe average annual interest rates charged on popular types of credit cards fell again last week, according to Bankrate.com. For low-interest cards, which have rates below the national average but are often offered only to customers with strong credit histories, the average APR declined to 11.33 percent, from 11.42 percent the week before.
Cash-back cards, which generally require a good-to-excellent credit rating for approval, saw their average APR drop to 13.51 percent, from 13.57 percent.
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We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service.
Comments are displayed newest first. If you would like to read a thread from beginning to end, select "Oldest first" from the drop down menu.
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