Fixed-rate credit cards can change their terms in a few weeks' time, so there's no real protection from rate increases with a fixed-rate card, although my anecdotal observation is that fixed-rate cards tend to lag behind variable-rate cards in both rising and falling interest-rate environments.

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The only real advantage of a fixed rate card is the rate usually doesn't increase as often as a variable rate card in a rising rate environment this can work against you if rates are falling.

Several companies issue unsecured and secured credit cards to people with bad credit.

They’ll tell you that a low, fixed-rate card is better than a variable rate credit card that starts low and then slowly creeps up its interest rate every year.