03-01-2011 05:30 PM
Yay, so here's a happy story:
I got a letter in the mail from USAA dropping the rate of one of my cards from 9.9% to 8.9% - I believe they raised it two years ago after the credit crisis so they are bringing it back to where I was originally but still - good customer service from them!
My other card is at 7.75% but at least they are a bit closer now. And of course, since I don't carry a balance, it's a moot point but it makes me feel good.
So hopefully some of you may also see this, or be able to use it to request a rate decrease if you need one. My rate is now variable so be aware (prime + 5.65%) - I don't know if it was fixed before though so maybe they are just adjusting it with prime.
03-02-2011 04:38 AM
My rate was dropped to 9.9% on the secured card a few days ago. It was originally stratospheric.
03-02-2011 09:35 AM
Same thing happened to me. Got the letter that starting in April my USAA World MC will drop from 16.9% to 13.9%. Still not as low as my USAA Amex, but still, 3% is 3%, even if you never carry a balance (which I don't; haven't paid intereste on a CC in over 7 years).
Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.