09-06-2011 07:27 AM
My brain cell auto-piloted to asking Barclays for a CLI - but I see that you are clearly asking for a lower APR....
These are the questions I think might help:
What is your current APR with them? What range APR do they publish for this card - sometimes it's in the fine print.
What is your FICO score?
What is your utilization?
How much has your utilization and/or FICO score changed since you opened your account with them?
And, of course, a reminder that PIF'ing cards makes APR's less of a concern - although I like a nice low APR even on my PIF'd cards. Makes me happy.
Hopefully some folks who have reduced their APR will chime in on this - in the meantime, any info you can share will help out.
09-06-2011 08:08 AM
I have had a few CLIs from Barclays, but never an APR reduction
09-07-2011 06:58 AM
My Barclay's (Juniper card) statement date was yesterday. This AM, I checked my account online, logged out, and logged back in to double-check my current APR.
I opened this card 22 months ago (Nov 09) and it has always been at 14.99%. I PIF this card, so I don't stress about APR's, but I do keep track of 'em and I'd rather they were lower rather than higher.
As of yesterday, my current APR - 11.99%.
For me, and my only experience is with their Juniper card, Barclays has been great with auto CLI's. The last auto CLI's have been at six month intervals and have been $1000 each (pretty good for a rebuilder card that opened with a CL of $1200 and now is at $3700). Evidently they're sometimes decent at auto APR reductions as well.
Anyone else seen an auto APR reduction?
09-07-2011 04:10 PM
I had them lower my B&N mastercard. But only by 1%.
They have been pretty good to me though, and like beam- I get regular 1k increases every 6 months.
Started at 2,500 and now up to 6,500 so can't complain.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. 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.