11-02-2011 09:50 AM
If you have a Target Visa Card do you mind sharing your interest rate? I've had my card since 1999 and while they keep increasing my credit limit the interest rate has never changed. I know my credit wasn't so great when I first got the card but I think my interest rate should be decreased (due to positive credit history with target and a good FICO score!) I'm wondering how/if I can get target to lower my interest rate or if it is "normal" for them to have higher interest rates?? Thanks for any feedback =)
11-02-2011 12:24 PM
I want to say ours is like 22.9%. Really high. But, that is typical of Target...
We use it, PIF, and I never worry about it.
11-02-2011 01:45 PM
Thank you both for your info. First off I have to say, $6000?! wow. Want to trade? lol
My card is 22.9% interest with a $2,300 limit. And that's up from the original $300 limit when I opened the account as just a Guest Card at the same interest rate in 99! So it's taken awhile just to get to this point.
11-02-2011 03:15 PM
I have a 17.xx% interest rate and a $5900 limit on my Target VISA. I've had it since '98 (it was just a low limit guest card at that time, not a VISA). I don't think they ever decreased the interest rate but they tried to increase it to 19% once (supposedly an across the board increase for everyone). I called them and told them I didn't want the increase and was going to cancel it so they agreed to keep it the same. I use it at Target for the 5% off and PIF every month now so the rate really doesn't matter to me anymore.