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Choosing a Credit Card. Illustration of a card holder filled with credit cards with various credit cards behind it.

Survey of Credit Card Plans

Every six months the Federal Reserve System surveys the terms of credit card plans offered by financial institutions and publishes a report of the findings. The report includes information from the largest credit card issuers in the country as well as other financial institutions that wish to participate in the survey. The credit terms shown in the accompanying list are as of January 31, 2008, and are subject to change. You should contact issuers for current rates and to learn about other credit card plans.

 

 

Codes Used in the List of Plans

Availability
Refers to availability of card to consumers

    N = Nationally
    R = Only in selected states
    State abbreviation = Only in state specified

Type of pricing

    F = Fixed
    V = Variable
    T = Tiered, with different periodic rates for different levels of outstanding balance. Rate shown applies to the lowest of the balance tiers.

Index
The interest rate on variable-rate plans is based on an index. The codes shown in the list of plans correspond to the following indexes:

    1 = Prime rate
    2 = One-month Treasury bill rate
    3 = Three-month Treasury bill rate
    4 = Six-month Treasury bill rate
    5 = One-year Treasury bill rate
    6 = Federal funds rate
    7 = Cost of funds to card issuer
    8 = Federal Reserve discount rate
    9 = Other
    0 = Not applicable

Other features
Credit card issuers may add enhancements or other features to the plan without charging extra fees. These enhancements may include cash rebates, purchase protections, warranty guarantees, travel accident or automobile rental insurance, discounts on goods and services, and incentives for use such as frequent flyer miles.

    1 = Rebates on purchases
    2 = Extension of manufacturer’s warranty
    3 = Purchase protection/security
    4 = Travel accident insurance
    5 = Travel-related discounts
    6 = Automobile rental insurance
    7 = Non-travel-related goods and services
    8 = Credit card registration
    9 = Reduced introductory interest rate available
    10 = Other, not specified
    N.R. = Not reported

Survey Report by Annual Fee
Sorted by Name of Financial Institution | Sorted by Annual Percentage Rate

Institution Availability and Credit Card Plan Annual Percentage Rate Type of Pricing Index Grace Period (days) Annual Fee Other Features Telephone
RBS CITIZENS, NATIONAL ASSOCIATION N- CITIZENS MASTERCARD PLATINUM 6.99 F 0 20 0 2,4,6,10, (888) 333-5145
FIRST COMMAND BANK N- VISA PLATINUM 7.50 V 1 30 0 2,4,6, (888) 763-7600
SUNFLOWER BANK, NATIONAL ASSOCIATION N- VISA CLASSIC 7.65 V 1 25 0 4,5,6,8, (888) 827-5564
FIRST TENNESSEE BANK NATIONAL ASSOCIATION MEMPHIS R- VISA 7.90 V 1 25 0 4,6,9, (800) 234-2840
TOWN NORTH BANK NEVADA, NATIONAL ASSOCIATION N- MASTERCARD 7.99 V 1 20 0 4,8,9, (800) 820-8417
FIRST-CITIZENS BANK & TRUST COMPANY R- VISA GOLD 8.00 V 1 25 0 4,10, (540) 561-4707
HILLS BANK AND TRUST COMPANY IA- VISA PLATINUM 8.00 V 1 25 0 4, (800) 445-5725
IRONSTONE BANK R- VISA PLATINUM 8.00 V 1 25 0 4, (540) 561-4707
ANB FINANCIAL NATIONAL ASSOCIATION N- ESCAPES / ANB 8.25 F 0 28 0 N.R. (888) 226-5262
FIRSTMERIT BANK, N.A. R- VISA PLATINUM 8.50 V 1 25 0 2,4,6,9, (888) 554-4362
CHASE BANK USA, NATIONAL ASSOCIATION N- MASTERCARD 8.99 F 0 20 0 N.R. (888) 684-7370
FIFTH THIRD BANK R- PLATINUM MASTERCARD 9.24 V 1 20 0 3,4,8,9,10, (877) 579-5353
U.S. BANK NATIONAL ASSOCIATION ND R- VISA 9.40 V 1 25 0 9, (800) 285-8585
AMERICAN STATE BANK TX- AMERICAN STATE BANK VISA 9.90 F 0 25 0 N.R. (325) 794-1000
BANK OF LOUISIANA N- VISA AND MASTERCARD 9.90 F 0 25 0 N.R. (504) 889-9421
FIRST COMMERCIAL BANK AL- VISA PLATINUM 9.90 V 1 20 0 6,9, (800) 543-8227
BANK OF CANTON, THE MA- VISA CLASSIC 9.96 F 0 25 0 4,5,6,8,10, (888) 828-1690
COMMERCE BANK, NATIONAL ASSOCIATION R- VISA 9.99 V 1 25 0 3,6,9,10, (800) 937-2000
FIRST SECURITY BANK AR- VISA 9.99 F 0 25 0 1,3,4,6, (479) 527-7078
FRANKLIN TEMPLETON BANK & TRUST F.S.B. N- PLATINUM MASTERCARD 9.99 V 1 25 0 2,3,4,6,10, (800) 238-2761
BANCORPSOUTH BANK R- MASTERCARD 10.2 V 1 30 0 N.R. (800) 844-2723
USAA SAVINGS BANK N- MASTERCARD 10.2 V 1 25 0 N.R. (800) 531-8722
PEOPLES FIRST COMMUNITY BANK FL- MASTERCARD GOLD 10.9 F 0 25 0 N.R. (800) 624-9699
FIRST NATIONAL BANK OF LITCHFIELD, THE CT- VISA CARD 10.9 F 0 25 0 N.R. (888) 567-1814
STATE FARM BANK, FSB N- PLATINUM REWARDS VISA 11.0 V 1 20 0 1,2,4,6,9, (877) 734-8472
WAYNE BANK AND TRUST CO. N- PLATINUM VISA 11.0 F 0 25 0 N.R. (888) 769-2963
BB&T BANKCARD CORPORATION R- VISA 11.2 V 1 25 0 3,4,5,6,9, (800) 476-4228
BRANCH BANKING AND TRUST COMPANY R- VISA 11.2 V 1 25 0 3,4,5,6,9, (800) 476-4228
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION N- VISA 11.2 V 1 25 0 N.R. (800) 768-3248
NORDSTROM FSB N- VISA 11.2 V 1 25 0 3,4,6,10, (800) 964-1800
UMB BANK, NATIONAL ASSOCIATION N- VISA - PLATINUM 11.2 V 1 20 0 1,4,6,9,10, (800) 821-5184
NATIONWIDE BANK N- PLATINUM VISA (AAB) 11.2 V 1 25 0 1,2,3,6,9, (866) 439-3206
5STAR BANK (A COLORADO INDUSTRIAL BANK) N- 5STAR VISA PLATINUM 11.4 V 1 25 0 9, (888) 277-0444
COMMUNITY BANK & TRUST COMPANY PA- VISA 12.0 F 0 25 0 10, (800) 820-4642
CITIBANK (BANAMEX USA) N- MASTERCARD PLATINUM 12.0 V 1 25 0 4,10, (800) 222-1234
CITIZENS FIRST BANK FL- VISA PLATINUM 12.0 F 0 25 0 2,4,6,10, (352) 259-3274
RAINIER PACIFIC SAVINGS BANK N- VISA GOLD 12.0 V 1 25 0 N.R. (800) 228-2858
AMERICAN EXPRESS CENTURION BANK N- BLUE FROM AMERICAN EXPRESS 12.2 V 1 20 0 2,3,4,5,6,9,10, (800) 528-4800
SUNTRUST BANK R- SUNTRUST PLATINUM REWARDS VISA 12.2 V 1 20 0 3,4,6,9, (800) 477-9702
WACHOVIA BANK, NATIONAL ASSOCIATION N- VISA PLATINUM WITH REWARDS 12.2 V 1 25 0 9, (800) 922-4684
BANK OF KENTUCKY, INCORPORATED, THE R- VISA GOLD 12.3 V 1 25 0 4,9, (859) 372-5170
RBC CENTURA BANK R- VISA GOLD 12.5 V 1 25 0 2,4,6,8,9, (800) 236-8872
FIRST FINANCIAL BANK, NATIONAL ASSOCIATION R- MASTERCARD CLASSIC 12.5 V 1 25 0 N.R. (800) 221-8890
WHITNEY NATIONAL BANK R- VISA 12.5 V 1 25 0 N.R. (504) 838-6565
AMALGAMATED BANK OF CHICAGO N- AMALGAMATED BANK OF CHICAGO - MASTER 12.8 V 1 25 0 4,5,10, (800) 365-6464
MFB FINANCIAL R- VISA 12.9 F 0 25 0 N.R. (800) 400-0433
FIA CARD SERVICES, N.A. N- BANK OF AMERICA PLATINUM PLUS VISA 13.0 V 1 20 0 3,4,6,10, (800) 932-2775
FIRST NATIONAL BANK OF OMAHA N- VISA 13.0 V 1 20 0 1,2,3,4,6,7,9, (888) 530-3626
INFIBANK, N.A. N- VISA 13.0 V 1 20 0 1,2,3,4,6,7,9, (877) 875-8078
INTRUST BANK, NATIONAL ASSOCIATION N- VISA PLATINUM 13.2 V 1 25 0 4,6,10, (800) 222-7458
UNITED BANK, INC. R- VISA 13.3 V 1 25 0 10, (800) 242-7600
WELLS FARGO FINANCIAL NATIONAL BANK N- MATTRESS FIRM VISA 13.4 V 1 20 0 N.R. (800) 459-8451
BMW BANK OF NORTH AMERICA N- VISA 13.5 V 1 22 0 1,2,3,4,6,10, (888) 269-2273
CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION N- MASTERCARD 13.5 V 1 20 0 9, (800) 950-5114
ROCKPORT NATIONAL BANK R- MASTERCARD 13.5 V 1 25 0 N.R. (978) 546-3411
WEST SUBURBAN BANK IL- VISA CLASSIC 13.8 V 1 25 0 N.R. (630) 652-2000
NORTHWEST SAVINGS BANK R- VISA CLASSIC 13.8 F 0 25 0 3,6, (814) 728-7505
FIRST NATIONAL BANK ALASKA AK- MASTERCARD 13.9 F 0 25 0 4, (907) 777-4523
FIRST NATIONAL BANK AND TRUST COMPANY WY- VISA CLASSIC 13.9 F 0 25 0 4, (800) 377-6906
TRUSTMARK NATIONAL BANK R- VISA 13.9 V 1 30 0 N.R. (601) 208-7685
CITY NATIONAL BANK OF TAYLOR, THE TX- VISA AND MASTERCARD 13.9 F 0 25 0 4,6, (800) 848-8472
FIRST BANK & TRUST EAST TEXAS TX- VISA CLASSIC 13.9 F 0 25 0 N.R. (888) 608-7787
FIRST NATIONAL BANK OF THE MID-CITIES N- MASTERCARD REGULAR AND GOLD 13.9 F 0 25 0 N.R. (817) 553-2500
HUNTINGTON STATE BANK TX- VISA 13.9 F 0 25 0 N.R. (936) 639-5566
TEXAS BANK AND TRUST COMPANY TX- VISA CLASSIC 13.9 F 0 25 0 N.R. (903) 237-5680
YORK STATE BANK AND TRUST COMPANY N- VISA 14.0 F 0 20 0 3,4,6,9,10, (402) 362-4411
QUAD CITY BANK AND TRUST COMPANY R- VISA CLASSIC 14.2 V 1 25 0 4,6,10, (877) 954-0190
DOLLAR BANK, A FEDERAL SAVINGS BANK R- VALUED CUSTOMER VISA 14.2 V 1 25 0 1,6,9, (800) 447-2823
HSBC BANK USA, NATIONAL ASSOCIATION N- MASTERCARD 14.2 V 1 20 0 3,4,5,9,10, (877) 700-4722
NATIONAL CITY BANK R- NATIONAL CITY EVERYDAY REWARDS 14.2 V 1 20 0 1,2,3,4,6, (800) 282-7541
BANK, THE NJ- VISA 14.3 V 1 25 0 2,3,4,6, (800) 833-9295
DELAWARE NATIONAL BANK R- VISA 14.3 V 1 25 0 2,3,4,6, (800) 833-9295
FNB BANK, NATIONAL ASSOCIATION PA- VISA 14.3 V 1 25 0 2,3,4,6, (800) 833-9295
LAFAYETTE AMBASSADOR BANK PA- VISA 14.3 V 1 25 0 2,3,4,6, (800) 833-9295
FIRSTBANK OF COLORADO R- VISA 14.4 V 1 25 0 2,4,6, (800) 964-3444
TCM BANK, NATIONAL ASSOCIATION N- VISA PLATINUM 14.4 V 1 25 0 N.R. (800) 883-0131
WELLS FARGO BANK, NATIONAL ASSOCIATION N- VISA 14.4 V 1 25 0 N.R. (800) 642-4720
BAR HARBOR BANK AND TRUST COMPANY ME- VISA CLASSIC CARD 14.5 F 0 25 0 10, (888) 853-7100
PENN SECURITY BANK AND TRUST COMPANY N- MASTERCARD 14.8 F 0 25 0 N.R. (570) 346-7741
COREFIRST BANK & TRUST KS- VISA CLASSIC 14.9 V 1 25 0 4,9, (785) 267-8900
SOLVAY BANK NY- VISA CLASSIC 14.9 F 0 25 0 N.R. (315) 468-1661
WALLIS STATE BANK, THE TX- VISA 14.9 F 0 25 0 4,5,6,8, (979) 478-6151
DISCOVER BANK N- DISCOVER MORE CARD (PLATINUM) 15.0 F 0 25 0 1,4,6,7,9, (800) 347-2683
WASHINGTON MUTUAL BANK N- PLATINUM MASTERCARD 15.0 V 1 25 0 10, (800) 219-6192
ZIONS FIRST NATIONAL BANK R- VISA CLASSIC 15.0 V 1 25 0 2,4,6,10, (888) 758-5349
KENTUCKY BANK KY- VISA 15.2 V 1 25 0 N.R. (859) 987-1795
TIB THE INDEPENDENT BANKERSBANK N- VISA AND MASTERCARD 15.2 V 1 25 0 N.R. (800) 367-7576
FIRST STATE BANK NM- MASTERCARD CLASSIC 15.2 F 0 25 0 4, (800) 423-7503
WORLD'S FOREMOST BANK N- CABELA'S VISA CLASSIC (REWARDS) 15.2 V 1 20 0 1,6, (800) 850-8402
COLUMBUS BANK AND TRUST COMPANY N- PLATINUM 15.4 V 1 25 0 N.R. (800) 543-8227
FIRST NATIONAL BANK OF FAIRFIELD, THE MT- VISA CLASSIC 15.6 F 0 25 0 5,7, (406) 467-2531
BANKERS' BANK OF KANSAS, NATIONAL ASSOCIATION KS- VISA 15.7 V 1 25 0 4,6, (800) 675-6284
PINNACLE BANK R- VISA CLASSIC 16.0 V 9 25 0 4,5,6,10, (800) 369-7283
GE MONEY BANK N- DISCOVER CARD 16.1 V 1 0 0 N.R. (800) 417-8321
COMMERCE BANK, NATIONAL ASSOCIATION R- SPECIAL CONNECTIONS 16.5 V 1 25 0 4,6, (800) 645-2103
NATIONAL GRAND BANK OF MARBLEHEAD MA- MASTERCARD 16.5 F 0 25 0 N.R. (781) 631-6000
SAVINGS BANK OF MAINE ME- VISA CLASSIC 16.5 T 0 25 0 N.R. (207) 582-5550
FIRST-KNOX NATIONAL BANK OF MOUNT VERNON, THE OH- VISA CLASSIC 16.7 V 1 30 0 4, (740) 399-5500
VALLEY NATIONAL BANK NJ- MASTERCARD 16.8 F 0 25 0 N.R. (800) 522-4100
SECURITY NATIONAL BANK AND TRUST COMPANY OH- CLASSIC VISA 16.9 F 0 25 0 N.R. (937) 324-6828
BOONE COUNTY NATIONAL BANK OF COLUMBIA, THE R- MASTERCARD/VISA 17.4 F 0 25 0 1,4,5,7,9, (573) 634-1148
CENTRAL TRUST BANK, THE R- MASTERCARD / VISA 17.4 F 0 25 0 1,4,5,7,9, (573) 634-1148
FIRST NATIONAL BANK OF ST. LOUIS R- MASTERCARD / VISA 17.4 F 0 25 0 1,4,5,7,9, (573) 634-1148
OAK HILL BANKS N- VISA CLASSIC 17.4 F 0 25 0 4, (513) 398-5196
GREENVILLE NATIONAL BANK OH- GREENVILLE NATIONAL BANK VISA 17.9 F 0 25 0 N.R. (937) 548-1114
COLUMBIA RIVER BANK R- VISA CLASSIC 18.0 F 0 25 0 4,5,8,10, (541) 298-6607
COMPASS BANK R- VISA 18.2 V 9 25 0 N.R. (800) 239-5175
ARVEST BANK R- VISA 18.4 V 1 25 0 4,6,8, (800) 356-8085
WORLD FINANCIAL NETWORK NATIONAL BANK N- GANDER MOUNTAIN GOLD MASTERCARD 20.0 V 1 25 0 N.R. (888) 332-4709
MERRICK BANK CORPORATION N- VISA CLASSIC 24.7 V 1 25 0 N.R. (800) 253-2322
RANDOLPH NATIONAL BANK N- MASTERCARD 9.50 F 0 30 12 10, (802) 728-9611
FAIRFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION OF LANCASTER OH- FAIRFIELD FEDERAL VISA GOLD 10.5 V 1 25 12 10, (800) 650-0987
APPALACHIAN COMMUNITY BANK N- VISA CLASSIC 11.9 F 0 25 12 1,4,5,8,10, (706) 276-8000
PARK NATIONAL BANK, THE OH- CLASSIC VISA 18.0 F 0 25 12 N.R. (800) 762-2616
1ST SUMMIT BANK PA- VISA 10.5 V 1 25 15 1,3,4,5,6,10, (888) 262-4010
LOS ALAMOS NATIONAL BANK N- VISA 10.5 F 0 30 15 2,3,4,5,6,8, (505) 662-5171
S & T BANK PA- VISA CLASSIC 11.0 V 1 25 15 1,6,10, (800) 325-2265
HOME FEDERAL BANK OF TENNESSEE, FSB TN- VISA CLASSIC 12.8 F 0 25 15 6, (865) 544-3954
IDAHO INDEPENDENT BANK N- VISA 12.9 V 1 25 15 3,4,5,6,7, (208) 947-1168
M&I BANK FSB R- VISA CLASSIC 13.9 V 1 25 15 N.R. (800) 642-2657
OHIO VALLEY BANK COMPANY, THE R- VISA 14.3 F 0 25 15 N.R. (740) 441-9148
CNB BANK N- VISA 14.9 F 0 30 15 3,4,5,6,8,10, (800) 492-3221
ADIRONDACK TRUST COMPANY, THE NY- VISA 15.0 F 0 25 15 4,6, (518) 584-5844
FIRST FINANCIAL BANK, NATIONAL ASSOCIATION R- VISA CLASSIC 15.9 F 0 25 15 4,6, (800) 511-0045
COPPERMARK BANK R- MASTERCARD 16.2 V 1 25 15 N.R. (800) 593-1557
HEARTLAND BANK OH- MASTERCARD 13.9 V 1 25 18 4,10, (800) 697-0049
WILMINGTON TRUST COMPANY N- MASTERCARD 15.0 V 4 25 18 4,5,8,10, (800) 523-2378
MERCER SAVINGS BANK OH- VISA 11.9 F 0 25 20 9, (419) 586-5159
D. L. EVANS BANK N- VISA GOLD 12.2 V 1 25 20 2,3,4,5,6,8,10, (508) 678-2529
FIRST NATIONAL BANK & TRUST FL- MASTERCARD 14.9 F 0 30 20 N.R. (850) 796-2020
CENTRAL BANK & TRUST COMPANY KY- VISA 18.0 F 0 25 20 N.R. (800) 637-6884
WELLS FARGO FINANCIAL BANK R- VISA 18.0 F 0 25 20 N.R. (605) 336-3933
AMERICAN SAVINGS BANK, F.S.B. HI- CLASSIC VISA 16.3 F 0 25 24 4,6, (808) 272-2566
CHEMUNG CANAL TRUST COMPANY NY- VISA BUSINESS CARD 11.4 V 1 25 25 3,4,6, (607) 737-3761
FIRST COUNTY BANK CT- VISA CLASSIC 14.2 V 1 25 25 N.R. (203) 462-4260
FIRST HAWAIIAN BANK HI- MASTERCARD STANDARD 16.5 F 0 25 25 1,6,10, (800) 342-2778
SILVERTON BANK, N.A. N- MASTERCARD 15.2 V 1 25 30 N.R. (800) 854-7642
PULASKI BANK AND TRUST COMPANY N- VISA CLASSIC / STANDARD 6.50 F 0 25 35 9, (800) 217-7715
SIMMONS FIRST NATIONAL BANK OF PINE BLUFF N- VISA 11.0 F 0 25 35 4, (800) 636-5151
FIRST NATIONAL BANK OF IPSWICH, THE N- MASTERCARD 13.0 V 1 0 35 N.R. (800) 944-2726
FIRST INTERSTATE BANK R- VISA SCORECARD 19.3 V 1 25 35 4,5,6,7,8,9,10, (888) 791-4071
PLAINS COMMERCE BANK N- VISA / MASTERCARD 19.8 F 0 25 39 N.R. (605) 948-2344
CAPITAL ONE BANK (USA), NATIONAL ASSOCIATION N- MASTERCARD 18.9 V 1 25 45 9, (800) 955-7070
COMMUNITY FIRST BANK AR- MASTERCARD 8.99 F 0 25 50 10, (870) 391-8000
RICHLAND TRUST COMPANY, THE OH- VISA GOLD 9.75 V 1 30 50 4, (519) 525-8791
FIRST COMMUNITY BANK N- MASTERCARD 14.9 F 0 25 50 4,5,6,8, (505) 241-7373
CITY NATIONAL BANK R- VISA BUSINESS 16.0 F 0 25 50 2,3,4,6, (800) 221-5920
NEW MILLENNIUM BANK N- VISA SECURED CREDIT CARD 19.5 F 0 0 59 2,3,4,6, (732) 729-4395
CREDIT ONE BANK, NATIONAL ASSOCIATION N- VISA 23.9 F 0 25 69 N.R. (877) 825-3242
BARCLAYS BANK DELAWARE N- US AIRWAYS MASTERCARD 18.2 V 1 20 79 4,5,6,9, (866) 419-0881
AMERICAN EXPRESS BANK, FSB N- AMERICAN EXPRESS GOLD 17.2 V 1 20 85 N.R. (800) 257-0770

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Last update: March 21, 2008