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Discover More auto APR decrease

Frequent Contributor

Discover More auto APR decrease

I have had my Discover a few years now. I have been using it pretty heavily the last couple months. The first year and a half or so the APR was 22% or something ridiculous like that. In the past year I have successfully called twice to get a CL increase and APR decrease (soft pulls). I was at 14.24% last month, but when I checked my October statement it was 12.24%. I don't plan on carrying a balance anytime soon but it's cool they did that automatically. Now if they would just give an auto CLI along with it...


Starting Score: 690
Current Score: EQ 780 EX 814 TU 783
Goal Score: 800

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Message 1 of 17
16 REPLIES
Senior Contributor

Re: Discover More auto APR decrease

Congrats!!! This makes me happy to have just gotten a Discover!!! I remember before the financial crisis when you could easily get a 9.24% rate on credit cards lol... I hope those lower fixed rates come back in the future! Haha :-)
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 2 of 17
Established Contributor

Re: Discover More auto APR decrease

HAHA I just checked mine and I seem to have gotten an auto decrease as well.  I was at 17.99 and as of today it is 14.24. 

Amex BCP/BC/Zync - Amex Business GR - Barclays NFL Visa Sig 49ers/Arrival - BoA BBR - Cap 1 Quicksilver - Citi Forward/Preferred - Chase Amazon/Freedom/Ink Plus - Discover IT - Fidelity Amex - GECRB Amazon/Walmart - PenFed PRV - Target - USAA Amex - US Bank CASH+/Club Carlson
Message 3 of 17
Established Contributor

Re: Discover More auto APR decrease

congrats I too remember the days when you could easily get an 0% CC. 

 

BOA: 8.9k
CSP: 5k
Discover: 5k
Citi TY Preferd: 5k
Wally: 5k
JCP: 4.9k
citiForward: 4.7k
ChaseFreedom: 4.5k
DFS: 2k
Message 4 of 17
Frequent Contributor

Re: Discover More auto APR decrease

Just checked my discover apr after seeing this thread. Down from 14.99 to 12.99. I don't carry balances but its still nice

EQ 778 | TU 776
Barclay US Airways WMC 7.5k | BCE 5.8k | BofA Travel Rewards 9.1k | Chase Marriott Premier 13k | Citi TYP WMC 6.5k | Freedom Visa Sig 8k| Discover it 10k
Message 5 of 17
Established Contributor

Re: Discover More auto APR decrease


flowfaster wrote:

HAHA I just checked mine and I seem to have gotten an auto decrease as well.  I was at 17.99 and as of today it is 14.24. 


Same happened for me last month, 17.99 to 14.24.

Discover IT $35K | FNBO Visa $30K | Cash+ Visa Sig $19.5K | Southwest Premier $16K | Priceline $15K | Citi Forward $14.3K | US Bank Plat $14K | Commerce Bank $13K | CSP $13K | CSR $10K | Sallie Mae World MC $10K | Lowe’s Consumer 10K | BoA Cash Rewards 1-2-3 Sig $7.5K | Fidelity Visa $7K | Citi Double Cash $6.5K | WF Cash Back Visa $5.4K | Capital One Cash Rewards $5K | AMEX BCE $3.9K | Freedom $2.5K | Younkers/Comenity $2.4K | Kohl’s 1.5K | Target $1.4K | EX FICO (from AMEX): 768, TU FICO (from Discover): 797, AAoA: 4.4 years
Message 6 of 17
Valued Contributor

Re: Discover More auto APR decrease

I currently have a 0% offer active on purchases, so they told me they can't change anything until after the promo is over in June 2013. They started my card high at 18.99% but I am sure they will lower it after June. I hope.  


Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: FICO 8 = 844(9/15) EQ, 827 TU, 811 EX (7/15); mortgage FICO= 758 (9/15)EQ5, 797 TU4, 748 EX2 (7/15)
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (24.8K), BofA Travel Rew Sig (22.5K), B&N World MC (22.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (20K),United Mil+ExpSig (16.3K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig (8.6K), Disc It (16.4K), Citi Dia Pref MC (3.7K),Sam's MC (10K), Wally (7.5K), JCP(5.3K), Costco (2K)
Message 7 of 17
Highlighted
Frequent Contributor

Re: Discover More auto APR decrease

Mine dropped on the last statemenet from 16.24 to 14.24.

Message 8 of 17
Regular Contributor

Re: Discover More auto APR decrease

My More card is 17.24% V. It's never gone down but I always PIF.

Message 9 of 17
Mega Contributor

Re: Discover More auto APR decrease

Congrats to all who got decreases!!!

 

I would love some discover luv.......i'm on their naughty list Smiley Very Happy




EQ FICO 548 3/3/16
Message 10 of 17