A good APR, or annual percentage rate, averages about 10 percent. There are some credit card companies that offer APRs as low as 7.5 percent, however, sterling credit is needed to qualify for those offers.
The annual percentage rate is the amount of interest that is charged per year to a credit card, loan or mortgage. A bad APR is often above 22.99 percent. Typically, the lower a person's credit score, the higher the APR that is offered because of the risk of default. Those with lower credit scores may want to opt into a secured card from a credit union, which may have an APR as low as 8.99 percent.