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CapitalOne APR reduction stories

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Kostya1992
Established Contributor

CapitalOne APR reduction stories

Anyone have any success?

What type of card?

How much of a reduction recieved?

How long account open?

Was it automatic? Chat? EO?

TU08 FICO850
EX08 FICO850
EQ08 FICO850

Message 1 of 7
6 REPLIES 6
MissMoni223
Senior Contributor

Re: CapitalOne APR reduction stories

Yes, I have had a successful APR reduction from Capital One.

At the time the card was a QS1 (now it's a QS) for 1 year and the APR was reduced from 19.9% to 17.9% via the EO.

Gardening Until Further Notice
15 Credit Cards (12 Major Banks & 3 Store Cards)
Message 2 of 7
Marcos8
Established Contributor

Re: CapitalOne APR reduction stories

I have received a few APR reductions from Cap1 but they are usually only for 7 months or so before returning back to the regular rate. 

Message 3 of 7
JSS3
Valued Contributor

Re: CapitalOne APR reduction stories

Had my card 2 yrs and I just got a temp 7month reduction to 15% from 19.8
Message 4 of 7
Kostya1992
Established Contributor

Re: CapitalOne APR reduction stories

Sweet thanks for the replies!
TU08 FICO850
EX08 FICO850
EQ08 FICO850

Message 5 of 7
happypill
Valued Contributor

Re: CapitalOne APR reduction stories

A while back I used chat to request a CLI.  They didn't give me that but offered about 8 months of 0%.  I accepted but since I never carry a balance, it doesn't really do anything for me (nor would an APR reduction).

Message 6 of 7
Membersince2013
Valued Contributor

Re: CapitalOne APR reduction stories

Census states that capital one hardly even permanently reduces APRs for anyone. They'll give you a fair APR for 6 - 9 months and that's it.
Arrival+ | Barclaycard Rewards Mastercard | Citi Double Cash | CapOne QS (2) | Citi Diamond P | Freedom | Fidelity Amex | Amex Plat | Old Blue Cash | PRG | SPG | BCP | HHonors Surpass | Cap1 Venture | Discover | CSP | Cap1 Venture1 | BOA CR&TR (2) | Ritz Carlton | Southwest Rapid Rewards | Hyatt (2) | US Airways Mastercard (2) | Wells Fargo Rewards Visa | Marriott Premier (2) |

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Message 7 of 7
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