Comparing American and Canadian CCs after reading an American Article | Credit card reward programs | Discussion forum

https://ca.finance.yahoo.com/news/beware-apos-running-tab-plastic-160900208.html

I've got a few questions. Why do the USA get lower interest rates on Cards? We are around 20 Percent and they are 17% roughly.

Why do they have variable rates based on the Feds Benchmark rate in America? I think in Canada we don't have variable, right?

The stats they state are staggering.

Consumers report:

85 percent who asked received a higher credit limit.
84 percent had a late-payment fee waived.
70 percent got their annual fee dropped or reduced.
56 percent received a lower interest rate.

Especially the annual fee being waived 70%. No way that is the same in Canada.

I've never heard of anyone lowering their interest rate on their CC in Canada.