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Frequent Contributor
Posts: 378
Registered: ‎02-02-2010
0

whats the average APR for travel cards?

[ Edited ]

I have an Alaska Air siggy, wondering what the average apr is on these types of cards with average rewards? Mine is at 12.5% and 13.24% for BT's. Just wondering if it would be worth it to try and call in for a little lower % on purchases.

AkAir $50k | Marriott $65k | UsAir $20k | Local CU $8k
TU: 753 / EQ: 722 / EX: 735
Valued Contributor
Posts: 1,863
Registered: ‎09-20-2011
0

Re: whats the average APR for travel cards?

That's pretty much par for the course on rewards cards with solid credit. 

Contributor
Posts: 93
Registered: ‎12-16-2012
0

Re: whats the average APR for travel cards?

Most reward type cards tend to carry higher APR then vanilla cards. Co-branded cards tend to be in between with APRs. Having in some cases some of the highest rates around to rates a low as 9.99. While it is not impossible to get a great rate on a Reward or Co-branded card its probably unlikely to get below 9.99 for most people right now. 12.5% is below the median for most travel based cards. 15-17 is probably the standard rate for these type cards. Again everyone's situation is different I am just using averages.

 

The bottom line is it is ALWAYS worth it to ask for a lower APR they can only say no. Just make sure you find out if it will be a hard or soft pull before going ahead with the request. 

Blogger
Posts: 3,360
Registered: ‎10-19-2012
0

Re: whats the average APR for travel cards?

That's in the bottom range for rewards credit cards. You can try to negotiate for a lower APR but I doubt the reduction would be significant. 

Valued Contributor
Posts: 2,300
Registered: ‎01-22-2012
0

Re: whats the average APR for travel cards?

APR shouldn't matter with rewards cards since if you ever carry a balance, the value of the rewards you get will be eclipsed by the interest paid.
FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Valued Contributor
Posts: 1,142
Registered: ‎05-17-2010
0

Re: whats the average APR for travel cards?

15.24 for Chase products.  

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