Juniper going to variable rate?

[tommiej7533]

Just received a notice from Juniper stating they are going to a variable rate. I have until Nov 27th

to determine if I want to keep the card open. Right now the new rate would be 14.9 % versus

my current rate of 8.99%.

Has anyone applied for the Barclays Card and if so is it a varible rate?

[Anonymous]

hi,

i just got the same notice for my husbands juniper account. its going from a 8.99 to 14.99 variable too. We use this card as a back up in case we can't use our discover card somewhere. SOOOOO bye bye junni in to the sock drawer you go and welcome citi..its currently at 9.99 fixed rate.

I wonder if there is some slim possibility they would reconsider and change it back to a fixed rate? hahahaha yeah right! If anyone has any luck getting them to do this PLEASE post your secret here!

[Anonymous]

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@Anonymous wrote:

hi,

i just got the same notice for my husbands juniper account. its going from a 8.99 to 14.99 variable too. We use this card as a back up in case we can't use our discover card somewhere. SOOOOO bye bye junni in to the sock drawer you go and welcome citi..its currently at 9.99 fixed rate.

I wonder if there is some slim possibility they would reconsider and change it back to a fixed rate? hahahaha yeah right! If anyone has any luck getting them to do this PLEASE post your secret here!

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The credit card laws that will be going into effect in 2010 have caused many card issuers to go to a variable rate and end fixed rate offerings.

I expect very few cards to be fixed rate come january 2010.

[Anonymous]

I just got a letter from Juni today saying my card was going from 14.99% fixed to prime plus 11.74% (the prime rate is presently 3.25%, so for now, there's no change in my APR, but obviously, long-term, it will go up).  I had already received another letter earlier this year where the rate went up from 8.99% fixed to 14.99% fixed.  No big deal for me--I've been paying in full since re-entering the credit card world almost two years ago.

[creditwherecreditisdue]

A BofA credit analyst (one of the nice ones) told me that all their rates will be variable soon. I had been changed from 9.9%F to 9,9%V. I threw the question in on the pile with a bunch of other stuff trying to sniff around for a change back. No dice! I was told I was doing very was as it is - and since I knew that I didn't protest much.