My scores have gone up and I've waiting patiently for August, when I go under 5/24. So, I'm getting my kicks with APR reductions.
My Amex BCP is 24.24% -- which is absurd... and they refuse to lower it. So, I went to Discover (which is 15.49%) and asked what they could do. It took her 5-10 minutes, and when she came back she offered me 0% for 12 months!! I've had the card for almost 3 years.
Just a friendly reminder that it's always worth asking... your results may exceed your expectations! 
JDT got APR rdx from DCS, NOICE
wrote:My scores have gone up and I've waiting patiently for August, when I go under 5/24. So, I'm getting my kicks with APR reductions.
My Amex BCP is 24.24% -- which is absurd... and they refuse to lower it. So, I went to Discover (which is 15.49%) and asked what they could do. It took her 5-10 minutes, and when she came back she offered me 0% for 12 months!! I've had the card for almost 3 years.
Just a friendly reminder that it's always worth asking... your results may exceed your expectations!
That's how they get you. They're hoping you'll choose the 0% as there's a higher liklihood you'll end up carrying a balance. When they make the offer of 0% there's usually also an offer to permanently lower your interest rate. If you accept the 0% for 12 months offer they will not consider a permanent interest rate reduction until after the promo offer has expired.
Smarter money is to lower the interest rate as low as it'll go. Then, after you have the lowest interest rate, accept a 0% interest offer.
I wouldn't mind an APR increase if they also increased my credit limit. 
