Credit Cards

[JWest]

Is there a way to find out your current APR on a credit card account?

[ALLevesque]

it usually shows on your statement.

[JWest]

Ok thanks a lot

[JWest]

I have a second question does Apr usually drop over time or stay the same the entire time?

[LostTime]

---

JWest wrote:
I have a second question does Apr usually drop over time or stay the same the entire time?

---

Depends on you card, I have a citi Forward that drops .25 every 3 months for on time payments

[ALLevesque]

none of my APRs have ever dropped.  I had one go up once a few years back when my util was high.

You can sometimes call to request a lower APR, but I never have just because I've gotten in the habit of PIF every month, so apr doesn't really matter much to me.

[injustifiiable]

---

JWest wrote:
I have a second question does Apr usually drop over time or stay the same the entire time?

---

Same area of the statement should say whether it's variable or fixed. Variable rates go up and down with the prime rate...fixed is obviously fixed. If you have online access, you can also find out the info when you log in to the system.

[JWest]

Ok thanks guys for the info

[chnceit]

---

JWest wrote:
I have a second question does Apr usually drop over time or stay the same the entire time?

---

It takes a simple call to sk if there is an APR reduction available for your account. I got my AMEX reduced by 2%