Reply
Established Contributor
PlasticOrPlastic
Posts: 900
Registered: ‎08-08-2013
0

Discover APR reduction!

So I decided to chat with Discover today about my APR, I just asked what I needed to do in order to lower it.  She came back and said she'd be happy to lower it from 22.99% to 18.3%, Its still a bit high, but certainly better than 22.99%.  I thanked her and she said come back again in 3 months and they'll reduce it again.  Discover sure wants me to use their card, and I'm more than happy to do that!

Senior Contributor
Wanderer
Posts: 4,079
Registered: ‎10-03-2008
0

Re: Discover APR reduction!

Nice! Feels good to move up in the world of credit. Congrats!
Senior Contributor
Irisa
Posts: 4,155
Registered: ‎07-26-2008
0

Re: Discover APR reduction!


EndlessRoad wrote:

So I decided to chat with Discover today about my APR, I just asked what I needed to do in order to lower it.  She came back and said she'd be happy to lower it from 22.99% to 18.3%, Its still a bit high, but certainly better than 22.99%.  I thanked her and she said come back again in 3 months and they'll reduce it again.  Discover sure wants me to use their card, and I'm more than happy to do that!


Very nice, congrats!

 

I'm waiting until next month when my 0% APR offer expires to ask. Fingers crossed for similar results. :smileyhappy:



Current Scores: EX 795 / EQ 798 / TU 796
Current cards: CSP - Freedom - Discover It - Amex BCP - BoA BBR - Capital One QS and QS1 - Citi TYP
Established Contributor
PlasticOrPlastic
Posts: 900
Registered: ‎08-08-2013
0

Re: Discover APR reduction!


Irisa wrote:

EndlessRoad wrote:

So I decided to chat with Discover today about my APR, I just asked what I needed to do in order to lower it.  She came back and said she'd be happy to lower it from 22.99% to 18.3%, Its still a bit high, but certainly better than 22.99%.  I thanked her and she said come back again in 3 months and they'll reduce it again.  Discover sure wants me to use their card, and I'm more than happy to do that!


Very nice, congrats!

 

I'm waiting until next month when my 0% APR offer expires to ask. Fingers crossed for similar results. :smileyhappy:


Thanks Wanderer, it sure does.  This is all very new to me!

 

And Irisa I hear you there, I just noticed my account has an offer for 0% for 12 months on balance transfers...might move my last two account balances to Discover and use it exclusively (been enjoying the categories).  Good luck with your reduction request next month!   And thanks for the reply.

Regular Contributor
rogersave
Posts: 104
Registered: ‎07-18-2011
0

Re: Discover APR reduction!

[ Edited ]

just chatted with discover, they lowered my apr from 22.99 to 17.99  it took 2 minutes!

Equifax 712 transunion 693experian 673
Chase freedom 500 Chase United explorer 5000 Discover IT 13000 AMEX PRG npsl AMEX BCE 6000 CSP 12000.AMEX ED 15000 Citi Simplicity 7000
Established Contributor
PlasticOrPlastic
Posts: 900
Registered: ‎08-08-2013
0

Re: Discover APR reduction!


rogersave wrote:

just chatted with discover, they lowered my apr from 22.99 to 17.99  it took 2 minutes!


Thats awesome, took me about that long too!  Well worth it!

Valued Contributor
-Wade-
Posts: 12,574
Registered: ‎08-13-2013
0

Re: Discover APR reduction!


EndlessRoad wrote:

So I decided to chat with Discover today about my APR, I just asked what I needed to do in order to lower it.  She came back and said she'd be happy to lower it from 22.99% to 18.3%, Its still a bit high, but certainly better than 22.99%.  I thanked her and she said come back again in 3 months and they'll reduce it again.  Discover sure wants me to use their card, and I'm more than happy to do that!


Congrats on your APR reduction :smileyhappy:

Old user name newportguy*** Current Score: myFico EQ - 806 (04/04/2014) Discover TU Fico - 813 (09/02/2014) myFico EX - 804 ( 07/08/2014 ) ******* Amex - BCP 10 K * Discover - IT 10.5 K * U.S. Bank Cash + Visa Signature 8.8 K * PenFed - Cash Rewards 5 K * Amex - GDSM 5 K ****** FICO 800 Club Member ******* EQ 806 *** TU 813 *** EX 804 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 830's Scores ******
Established Contributor
PlasticOrPlastic
Posts: 900
Registered: ‎08-08-2013
0

Re: Discover APR reduction!

Thank you Wade, I was happy, had the card 3 months went from 1k to 2k and dropped APR almost 5%...feels kinda good!  :smileyhappy:

Super Contributor
mongstradamus
Posts: 5,912
Registered: ‎06-19-2013
0

Re: Discover APR reduction!

I just logged on to my discover account just to check what my apr from my most recent statement was. It was 3.99% i think that is part of their intro apr when i applied last year. I couldn't find anywhere where it says how long that intro apr lasts for. On my amex and chase i remember it saying their intro aprs lasted until january 2015. I am kind of curious to find out where i could find out when my intro apr expires. I have an feeling its going to skyrocket to 22.99 %. 

 



EX Fico 770 8/23/14 Fako 796 CS/Credit.com 8/22/14
EQ SW 806 quizzle fako 796 7/19/14
TU Fico 804 8/14/2014 Fako 751 Creditkarma 8/30/2014
Established Contributor
PlasticOrPlastic
Posts: 900
Registered: ‎08-08-2013
0

Re: Discover APR reduction!


mongstradamus wrote:

I just logged on to my discover account just to check what my apr from my most recent statement was. It was 3.99% i think that is part of their intro apr when i applied last year. I couldn't find anywhere where it says how long that intro apr lasts for. On my amex and chase i remember it saying their intro aprs lasted until january 2015. I am kind of curious to find out where i could find out when my intro apr expires. I have an feeling its going to skyrocket to 22.99 %. 

 


mongstradamus, I'd hop on their online chat real quick and ask when/if the 3.99% ends and what your APR will be afterwards.  Good luck and let us know!


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+