Credit Cards

Why pay more on other credit cards or store cards when you can save with our competitive rates.

The average rate in most credit card categories was unchanged this week. Both fixed- and variable-rate cards in the standard and gold categories were unchanged. The average platinum fixed rate dipped 11 basis points to 11.86 percent as some new card offerings were added to the survey. The average platinum variable rate remains 10.76 percent. Credit card rates will now begin the steady rise to higher ground as the Fed has begun raising interest rates, and is expected to continue doing so.

Transferring your credit card balance, or balances, to a lower interest rate card can save you money.

The process is a tricky one -- there are a lot of possible fees, penalties and 'catches' to beware of lest this move actually end up costing you money.

It is also getting harder to do. Credit card companies are trying to stop customers from leaving, and they are also trying not to gain customers who are only there to take advantage of introductory rates before they move on again.

This is one credit card move that absolutely demands you read -- and understand -- all of the fine print . Different card companies handle it in different ways and have a wide range of fine print containing a myriad of rules.