What do you guys think about the Chase Freedom Card? Does anyone know what kind of credit you need to get the 12.99% interest rate?
I am trying to decide if I should apply for the Chase Freedom or the AMEX Cash Everyday....
I will be buying mostly gas but some larger purchases every once in a while. Mostly an emergency card, so i'm looking for something with a large credit limit.
I didn't get the low end interest...I have the 20.99% APR after my promo period ends. CL is $4.5k.
Amex has the higher possible apr of the two. But offer the highest possible CL's. Amex doesn't like it when you carry a balance for more than a few mo's as well.
I usually pay my cards off in full every month. Every once in a while I carry a small balance but it is for no more than 2 billing statements.
Most people get the 22.99% rate and some will get the 20.99% rate. Rarely will anyone get the 12.99% rate. I have the 22.99% rate and have been asking for a year and a half for it to be lowered and they won't budge.
Have you tried the executive office?
If you have had the card for over a year then they should be willing to lower it.
Although as long as you are PIF, then it shouldn't be a problem. But I also hate seeing that high APR on any account.