Delta Amex Platinum - APR reduction

[Anonymous]

It's been a quarter since I have the Delta Amex Platinum card. Decided to give a shot at APR reduction and went on chat with an agent.

After a few minutes, the agent mentioned that the APR has been reduced from 19.24% to 15.24%. 

Other than reducing my interest cost, what other use does the APR reduction have? Can someone help here?

[Anonymous]

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@Anonymous wrote:

It's been a quarter since I have the Delta Amex Platinum card. Decided to give a shot at APR reduction and went on chat with an agent.

After a few minutes, the agent mentioned that the APR has been reduced from 19.24% to 15.24%. 

Other than reducing my interest cost, what other use does the APR reduction have? Can someone help here?

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That's all it does.  Reduces your interest charge if you carry a balance.

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

It's been a quarter since I have the Delta Amex Platinum card. Decided to give a shot at APR reduction and went on chat with an agent.

After a few minutes, the agent mentioned that the APR has been reduced from 19.24% to 15.24%. 

Other than reducing my interest cost, what other use does the APR reduction have? Can someone help here?

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That's all it does.  Reduces your interest charge if you carry a balance.

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+1, in addition it may stroke your ego to know they trust your credit worthiness a bit more since when you were first approved.

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

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That's all it does.  Reduces your interest charge if you carry a balance.

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+1, in addition it may stroke your ego to know they trust your credit worthiness a bit more since when you were first approved.

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Lol....I'm not sure how my ego is now but I felt happy though 

@Anonymous for the responses - @Anonymous and @Anonymous.

[NRB525]

AMEX has given out some 12-month reduced APR offerings on purchases in the last year. The rates that followed from these were based on the standard 19.24%, 17.24% and 15.24%, leading to (respectively) 6.9%, 4.9%, and 2.9% APR on purchases for the 12 month period.

So if something like that comes up again, you may see an offer for 2.9% APR instead of 6.9% APR.

Others who had non-standard rates did not seem to get those offers, not that everyone on the standard rates did, but I saw no reports of others with non-standard getting reduced offers.