topic Re: Boa APR reduction in Credit Cards

Boa APR reduction

tacaza — Sun, 28 Oct 2012 02:16:49 GMT

Upon looking at the second statement on my BOA Travel Rewards card, the 22.90% APR really annoyed me. So I called the number on the back of the card and spoke with an account manager about an APR reduction. She was able to reduce the APR down to 11.90% :smileysurprised:. She also reminded me to call back a couple months later to check for rate reduction.

Just wanted to share my exp. You may want to call in and ask if you have sky high rate with them :smileytongue:

Re: Boa APR reduction

Epcot — Sun, 28 Oct 2012 02:19:20 GMT

Wow.. that's great, Congrats!

Re: Boa APR reduction

trumpet-205 — Sun, 28 Oct 2012 02:25:44 GMT

I went from 20.99% to 12.99% on my Travel Rewards. A very simple process.

Re: Boa APR reduction

mxp114 — Sun, 28 Oct 2012 05:03:13 GMT

Do they HP for APR?

Re: Boa APR reduction

trumpet-205 — Sun, 28 Oct 2012 21:14:26 GMT

Not for me.

Re: Boa APR reduction

tacaza — Sun, 28 Oct 2012 21:21:32 GMT

No alert so far.

Re: Boa APR reduction

culture — Fri, 15 Mar 2013 01:25:29 GMT

i guess im a bad negotiator... :smileyfrustrated:

I called the backdoor number. Went from 22% to 19.99% .....

i see all this 1/2 changes......

maybe I did something wrong

Re: Boa APR reduction

ObeyJohnny12 — Fri, 15 Mar 2013 01:29:31 GMT

Wow, good for you! How long you had the card?

Re: Boa APR reduction

HiLine — Fri, 15 Mar 2013 01:31:09 GMT

Congratulations! Were you carrying a balance on the card?

Re: Boa APR reduction

culture — Fri, 15 Mar 2013 01:41:46 GMT

ObeyJohnny12 wrote:
Wow, good for you! How long you had the card?

14 years ...

HiLine wrote:
Congratulations! Were you carrying a balance on the card?

yes .. i was like at 25% usage .. but not sure if last payment was reported ..

Re: Boa APR reduction

HiLine — Fri, 15 Mar 2013 01:43:49 GMT

culture wrote:
ObeyJohnny12 wrote:
Wow, good for you! How long you had the card?

14 years ...

HiLine wrote:
Congratulations! Were you carrying a balance on the card?

yes .. i was like at 25% usage .. but not sure if last payment was reported ..

Is that usage after the payment or before, if you don't mind me asking again? :)

Re: Boa APR reduction

culture — Fri, 15 Mar 2013 01:52:02 GMT

Is that usage after the payment or before, if you don't mind me asking again? :)

after payment .... without the payment usage will be ~29-30%

Re: Boa APR reduction

HiLine — Fri, 15 Mar 2013 01:54:35 GMT

culture wrote:

Is that usage after the payment or before, if you don't mind me asking again? :)

after payment .... without the payment usage will be ~29-30%

Thanks for sharing! That's great to know - I'm currently carrying a balance in an interest waiver promotional period. I may leverage this opportunity to ask for an APR reduction as well! :robotwink: