Reply
Established Contributor
CribDuchess
Posts: 651
Registered: ‎09-12-2011
0

Re: Discover APR reduction...

I've had my Discover since 1991.  APR is 12.99%.  Not the greatest, but it could be a lot worse.

FICOs: TU08 841 6/3/14 per Wally; TU98 800 4/8/14; EQ04 769 6/8/14; EQ08 810 6/10/14; EX 805 6/12/14 per MyFICO

My Wallet: Amex Gold NPSL; Amex Optima Platinum $25K; Amex Costco TE $15K; Amex BCE $12K; BofA Visa $10.1K; Cap1 Quicksilver Visa Sig $10K; CSP $28.2K; Chase Freedom $13K; Citi Simplicity Visa $15.1K; Discover IT $24K; Fidelity Amex $15K; PenFed Plat Rewards Visa Sig $20K; Sallie Mae WMC $12.5K; US Bank Cash+ Visa Sig $24.5K; Walmart Discover $10K; Wells Fargo Rewards Visa Sig $14K
Valued Member
MoneyPurchaseOptions
Posts: 30
Registered: ‎03-04-2012
0

Re: Discover APR reduction...

MarineVietVet is doing it right at apr 9.99%. Did you whittle it down over time or was that an issue apr? Any amount more than apr 10% is just wrong! To PIF is good but some times life gets in the way. You just never know.

No interest in low interest rate credit cards?
Moderator Emeritus
MarineVietVet
Posts: 14,084
Registered: ‎07-14-2009
0

Re: Discover APR reduction...


MoneyPurchaseOptions wrote:

MarineVietVet is doing it right at apr 9.99%. Did you whittle it down over time or was that an issue apr? Any amount more than apr 10% is just wrong! To PIF is good but some times life gets in the way. You just never know.


It's been higher than that but I can't recall the exact amount. I never asked for an APR reduction. For some reason they reduced it on their own.

But it did go from a fixed rate to a variable rate.

Super Contributor
CS800
Posts: 6,550
Registered: ‎04-07-2008
0

Re: Discover APR reduction...

Even my Cap One is at 9.50% fixed




Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Discover APR reduction...


Middleswarth wrote:

3.99% for the first 6 months then it goes to 22.9%.  That's okay though because they will never get a penny of interest from me.  PIF every month.  :smileylol:


Same here. coming up on 6 months next month so no more carrying a balance! :smileyhappy:

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Discover APR reduction...


RockinRay wrote:

MarineVietVet wrote:

RockinRay wrote:

I called Discover this to ask about a rate redution.

 

My current APR was 19.99%. They lowered **bleep** to 16.24%.

 

Just wondering if this si a good rate for Discover? What kind of rates do  other forum mmbers have?


MIne is at 9.99%. (Why don't they just make it an even 10%????) 


LOL - the same game as they play with gasoline... $3.4999999999 sounds much better than $3.50! Makes me think I am getting a deal...  :smileyhappy:


Very true!!!!! :smileyvery-happy:

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
gettnthere
Posts: 912
Registered: ‎06-14-2012
0

Re: Discover APR reduction...

Ray,

With the card line-up you have and some of the great APR'S I'm sure that come with them, you probably wouldn't have a hard time getting DISCOVER to compete.


Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 :smileywink:
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Discover APR reduction...


gettnthere wrote:
Ray,

With the card line-up you have and some of the great APR'S I'm sure that come with them, you probably wouldn't have a hard time getting DISCOVER to compete.

I agree, and if they don't just use for the categories and nothing else.

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014

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+
}