CreditCards.com: Weekly Credit Card Rate Report - Business Wire (press release)

AUSTIN, Texas--(BUSINESS WIRE)--Credit card involvement rates remained level this hebdomad across all popular
card categories, as guess of a pending premier charge per unit motion by the
Federal Soldier Modesty goes on amid at odds sentiments by experts.

Potential premier charge per unit additions are notable to those cardholders that
go around balances each calendar month because a bulk of Banks alkali their
variable recognition card APRs on an index tied to the premier rate. According
the cardinal bank, 54% of card issuers use the premier charge per unit as their
loaning benchmark.

Rates for card classes tracked by CreditCards.com are listed below: Recognition Card Rate Averages Low Interest 11.41% Balance Transfer 11.41% Bad Credit 12.81% Cash Back 13.13% Reward 13.66% Business 13.95% Instantaneous Approval 14.18% Airline 15.08% Student 17.88%

Source: Updated: 08-23-07

Despite the recent issues surrounding the subprime mortgage market, the
supply of consumer installment recognition have remained relatively constant,
according to the Federal Soldier Reserve’s July 2007
Senior Loan Military Officer Survey on Depository Financial Institution Lending Practices. Of the 32 big
Banks surveyed, only one loaner tightened its criteria for consumer
loans, while two reported relaxation criteria somewhat. The remaining 29
left their criteria unchanged.

According to the Fed’s most recent consumer
recognition statistical release, the norm long term April across all
existent recognition card business relationships have remained changeless over the past few
calendar months at 13.46%.

The CreditCards.com recognition card charge per unit study is conducted each hebdomad using
information from the prima recognition card issuers in the United States.

Introductory offering time periods and existent regular involvement rates can change
depending on individual applicants’ recognition
quality and issuer risk-based pricing policies.

About CreditCards.com

CreditCards.com is the prima online recognition card marketplace, bringing
consumers and recognition card issuers together. At its free Web site, ,
consumers can compare 100s of recognition card offerings from the nation’s
leading issuers and banks, and use securely online. CreditCards.com is
also a finish land site for consumers wanting to larn more than about recognition
cards; offering news, advice, features, statistics and tools –
all designed to assist consumers do smart picks about recognition cards.

note TO EDITORS: The information contained in this release is available
for black and white or broadcast with ascription to CreditCards.com.