Do credit cards with no annual fee charge higher interest rates than cards that have annual fees?

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Do credit cards with no annual fee charge higher interest rates than cards that have annual fees?

Among 29 cards surveyed, 17 had no annual fees while 12 charged an annual fee.

Among the cards with no annual fee, the average interest rate was 19% (SD=8%). Among cards with an annual fee, the average interest rate was 17% (SD=3%). Are interest rates significantly higher

 

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