APR changed from approval to mailing

[ShiningDown]

 I applied for a Johnson bank card last sat and online It said you are approved for 1000 at 17.74% and 12 mos 0% on purchases and BT.Today the card came and the APR says 20.9 so I called and the csr said it shows 17.74 on her screen. When I apped for the first time it said I was approved and then session timed out so I applied again right then and it said I will recieve a  letter in 7-10 days How can I go about this without getting stuck with the 20.9%.  I will call them at 7 Am but I could sure use some advice. When I called several days ago the csr said it was 17.74 so now the csr said I would go with the letter you got with your apr that says 20.9%. Why should I?

[jordanmedical]

I would double check and make sure you werent' app'd for 17 plus prime.

[jsucool76]

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@jordanmedical wrote:

I would double check and make sure you werent' app'd for 17 plus prime.

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This. It could very possibly be 17.4% plus the prime rate (which is somewhere around 3.25% or something close) which would put you up right around your 20.9%. 

[ShiningDown]

I just called and she said it was 17.74+prime 3.25   =  20.9 

You guys were right!               

I asked her if she could lower my apr and she said she couldn't because of my debt.

My report is clean so thought I would try.

[jsucool76]

Just try to keep your carried balances down so you don't end up paying too much interest. 

[Repo-ed]

Or just PIF and it's exactly like having a 0% apr.

Has worked wonders for me, at least, for the last 4-5 years.

[bettercreditguy1]

Don't overspend, and pay in full every month and the APR does not matter. Additionally, as your debt comes down, there is a possiblity that your APR will reduce with payment history time.