Late yesterday afternoon, I was bored and I decided to call some of my cardholders to see if they could lower my purchase APR. I normally pay my balances in full before the statement date, so I either pay no or little interest each month. Listed below are the results of my phone calls:
BofA Accelerated Cash Rewards AMEX - 17.24% to 9.99%
BofA Cash Rewards Signature Visa - 13.99% to 12.99%
Discover - 12.24% to 11.24%
Amex Blue - 14.74% to 11.74%
BofA told me to call back in 6 months to see if I could get a better rate for the Signature card. I was surpised that I was able to get a rate reduction with Discover over the phone. In the past, one had to fill out a form and mail it back to them.
TU - 737 - 02/21/09, 769 - 02/06/10, 795 - 09/08/10
EQ - 758 - 02/21/09, 783 - 02/06/10, 805 - 09/08/10
EX (PLUS) - 781 03/23/09, 787 - 02/06/10, 783 - 08/09/10
