Credit Cards Center Credit cards from our partners
Reply
Frequent Contributor
Posts: 394
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 | Local CU $8k
TU: 770 / EQ: 748 / EX: 769
Valued Contributor
Posts: 1,865
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: 3,367
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: 2,489
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.
EX 798, EQ 789, TU 784
American Express Platinum (NPSL) || Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Barclays American Airlines Aviator Red World Elite Mastercard - $20,000 CL || Chase IHG Rewards World Mastercard - $25,000 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL || Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank Hilton Reserve Visa Signature - $20,000 CL || J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Highlighted
Valued Contributor
Posts: 1,191
Registered: ‎05-17-2010
0

Re: whats the average APR for travel cards?

15.24 for Chase products.  

FICO Scores Updated 07/15 EQ08 748 EX08 748 TU08 818

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.