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Save up to $444 with a Lake Area Bank credit card1

Lake Area Bank's rate for a $5,000 credit card beats the Hugo, MN average by up to 20% and is eligible for a Datatrac Great Rate Award and saving you as much as $444 over 3 years on a Rewards Credit Card.

Datatrac Great Rate Award
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Lake Area Bank - Rewards Credit Card 12.00% APR2
Hugo, MN Market Average - Rewards Credit Card 14.96% APR2

About Datatrac

Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 318,175 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products.  www.datatrac.net

  1. $444 is the difference between the amount paid in interest between Lake Area Bank's rate at 12.00% APR compared to 14.96% APR for the Hugo, MN market average based upon a $5,000 average daily balance over 36 months.
  2. APR=Annual Percentage Rate. Datatrac’s comprehensive, unbiased research and analysis is updated each business day and is conducted independent of any financial institution.  There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact Lake Area Bank directly with any questions regarding their current rates and terms.