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Finance → Credit → Credit cards
ANSWERS: 1
  • Official Know-It-All
    The average APR (annual percentage rate) on a credit card varies, depending on the type of credit card. The average consumer credit card APR is 16.36 percent, while the average APR on a reward credit card is 17.09 percent, as of December 2009, according to the Index Credit Cards Website.

    Source:

    IndexCreditCards.com

    Resource:

    Penn State University: Annual Percentage Rates, Annual Percentage Yields, and Finance Charges

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