Valued Member
JRInWA
Posts: 26
Registered: ‎04-26-2008
Re: Any tips on how to get a rate reduction from Chase and Discover

When I requested a CLI for my ChaseFreedom Visa in September (opened 6/2007), I also requested a rate reduction from 13.99% Variable Rate and 21.99% Cash Advance Rate.  They increased my CL and gave me two options:

 

9.99% Fixed Rate 19.99% Cash Advance Rate

7.99% Variable Rate 19.99% Cash Advance Rate

 

I took the fixed rate.

 

Also, when I requested a CLI for my Chase BP Visa last month (opened 8/2008), I also requested a rate reduction from 16.99% Variable Rate and 22.99% Cash Advance Rate.  They increased my CL and reduced my rate to:

 

6.99% Fixed Rate 19.99% Cash Advance Rate

01/07/2009 - | TU=674 | EQ= 700 | EX=705 |
12/26/2008 - | TU=659 | EQ= 700 | EX=692 |
12/09/2008 - | TU=671 | EQ= 732 | EX=704 |
11/15/2008 - | TU=657 | EQ= 699 | EX=695 |