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Senior Contributor
Posts: 3,261
Registered: ‎11-13-2012
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Amex CLI after 61 days = loss of 0% APR (introductory offer) ?

Hi MyFico friends

 

I got my Amex BCP in December 12 with a 0% APR for 1 year.  Reading all the posts for 3 x CLI on Amex cards I got tempted. So I went ahead and requested 2 x CLI from 5K to 10K and got instant approval. But today I also got an alert from Pageonce that my APR changed by 17% ??? After login into my  AX account I am rather confused and guess what I see now:  16,99% APR and effective 19 FEB ?? ( ..assume it is retroactive and 2013 not 2014) This is my first request for a CLI ever so I have no idea if this is customary?  Higher CL for higher APR?

Who lost the 0% APR after requesting the 3 x CLI? This 16,99% was the APR offered after the 1 year intro offer but effective on Feb 19..

Wonder if this happened to everybody that asked for 3 x CLI after 61 days? 

FICO® EQ 788 (as of today) - TU 778 (12/27) ¦ Fako EX 811 (12/02 - CS) ¦ last app 01/19/15 ¦ INQ last 2 yrs TU: 5, EX: 5, EQ: 3

Move the mouse over the cards for detailed view!


Senior Contributor
Posts: 6,242
Registered: ‎08-16-2012
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Re: Amex CLI after 61 days = loss of 0% APR (introductory offer) ?

Dont pay attn to that.
You didnt lose your 0% unless you missed a payment!
:-) dont worry!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Senior Contributor
Posts: 3,261
Registered: ‎11-13-2012
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Re: Amex CLI after 61 days = loss of 0% APR (introductory offer) ?

[ Edited ]

 


youngandcreditwrthy wrote:
Dont pay attn to that.
You didnt lose your 0% unless you missed a payment!
:-) dont worry!


Thanks so much. You are correct. Looks that this message can be ignored as here is what I just got by email from AX asking about my APR. wow..very fast email reply! Website display is very confusing after CLI. I might  revolve a small balance next month to see what happens. 

 

In regards with the introductory Annual Percentage Rate  (APR) on your Blue Cash Preferred Card , I see that the APR is as follows:

Purchase Rate : 0%, on new purchase for first 12 months of Cardmembership (which expires in billing period ending in December, 2013). I see you are currently not revolving a balance.

 

FICO® EQ 788 (as of today) - TU 778 (12/27) ¦ Fako EX 811 (12/02 - CS) ¦ last app 01/19/15 ¦ INQ last 2 yrs TU: 5, EX: 5, EQ: 3

Move the mouse over the cards for detailed view!


Valued Contributor
Posts: 1,863
Registered: ‎09-20-2011
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Re: Amex CLI after 61 days = loss of 0% APR (introductory offer) ?

That's something goofy with pageone.  My BCP did the same thing during the 0% period.  I got several of those notifications but the APR never changed until the period was over. 

Senior Contributor
Posts: 6,242
Registered: ‎08-16-2012
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Re: Amex CLI after 61 days = loss of 0% APR (introductory offer) ?

Yw!! I think programs like pageone just assume interest rates, similar to Creditkarma!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Valued Contributor
Posts: 1,863
Registered: ‎09-20-2011
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Re: Amex CLI after 61 days = loss of 0% APR (introductory offer) ?


youngandcreditwrthy wrote:
Yw!! I think programs like pageone just assume interest rates, similar to Creditkarma!

Pageonce knows the rate, they have your log in info for the accounts, CK doesn't. 

Senior Contributor
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Amex CLI after 61 days = loss of 0% APR (introductory offer) ?

Oh... Weird lol
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Senior Contributor
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Amex CLI after 61 days = loss of 0% APR (introductory offer) ?

Actually CK just made it to where you can add your login info!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Senior Contributor
Posts: 3,261
Registered: ‎11-13-2012
0

Re: Amex CLI after 61 days = loss of 0% APR (introductory offer) ?


boomhower wrote:

That's something goofy with pageone.  My BCP did the same thing during the 0% period.  I got several of those notifications but the APR never changed until the period was over. 


Thanks. The main problem creating these messages is that Amex published that new date on the account "effective 19FEB". No idea where this date came from??!  Looks that Pageonce simply translated the info..new date for the new APR = difference in APR = APR change.. nothing but logic.

Without the confirmation that  the APR is still at 0% it would definitely look that from 19FEB it had been changed to 16,99%. So I do not blame Pageonce but find it positive that this program cought it .. I would not have realized that new date on my account without Pageonce. :smileytongue:

FICO® EQ 788 (as of today) - TU 778 (12/27) ¦ Fako EX 811 (12/02 - CS) ¦ last app 01/19/15 ¦ INQ last 2 yrs TU: 5, EX: 5, EQ: 3

Move the mouse over the cards for detailed view!


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