topic Glad I asked Barclay for interest rate reduction in Credit Cards

Glad I asked Barclay for interest rate reduction

SouthJamaica — Thu, 04 Jun 2015 17:23:37 GMT

I called customer service on my Barclay Rewards card, just to see if I could get an interest rate reduction.

They lowered my 24.99 purchases rate to 20.99, but then really surprised me by also offering ZERO interest rate from now to February 2016.

Re: Glad I asked Barclay for interest rate reduction

nbean — Thu, 04 Jun 2015 17:46:18 GMT

Curious, did they have to hard pull for this?

Re: Glad I asked Barclay for interest rate reduction

Anonymous — Thu, 04 Jun 2015 18:03:04 GMT

Nice! congrats!

I wish I had received a 0% till 2/16!

But I just received the card this past month!!!!

Re: Glad I asked Barclay for interest rate reduction

Anonymous — Thu, 04 Jun 2015 18:36:39 GMT

Very nice! Congratulations!!!

Re: Glad I asked Barclay for interest rate reduction

Anonymous — Thu, 04 Jun 2015 18:37:05 GMT

Good job!!

Re: Glad I asked Barclay for interest rate reduction

SouthJamaica — Thu, 04 Jun 2015 22:38:01 GMT

@nbean wrote:
Curious, did they have to hard pull for this?

No they didn't

Re: Glad I asked Barclay for interest rate reduction

SouthJamaica — Thu, 04 Jun 2015 22:39:26 GMT

@Anonymous wrote:
Nice! congrats!

I wish I had received a 0% till 2/16!
But I just received the card this past month!!!!

It's a good card for cash back... especially if, like me, utilities and groceries are a big thing for you I would never carry a balance on it .. before this happened

Re: Glad I asked Barclay for interest rate reduction

SouthJamaica — Thu, 04 Jun 2015 22:39:48 GMT

@Anonymous wrote:
Very nice! Congratulations!!!

Thank you Vivacious

Re: Glad I asked Barclay for interest rate reduction

SouthJamaica — Thu, 04 Jun 2015 22:40:37 GMT

@Anonymous wrote:
Good job!!

Thanks Yes-Its-Me.

I don't think I would ever have known to do such a thing but for this community.

Re: Glad I asked Barclay for interest rate reduction

taxi818 — Thu, 04 Jun 2015 22:44:12 GMT

Congrats. on which barclays card?. im starting to hate the high interest rates. will space out my 0 pecent cards. for balance carrying.

Re: Glad I asked Barclay for interest rate reduction

petejk — Thu, 04 Jun 2015 22:52:38 GMT

Nice.. there's nothing quite like Zero % APR!

Re: Glad I asked Barclay for interest rate reduction

SouthJamaica — Thu, 04 Jun 2015 22:55:05 GMT

@taxi818 wrote:
Congrats. on which barclays card?. im starting to hate the high interest rates. will space out my 0 pecent cards. for balance carrying.

The Barclay Rewards card. I've had it for about 10 months.

Re: Glad I asked Barclay for interest rate reduction

SouthJamaica — Thu, 04 Jun 2015 22:55:52 GMT

@petejk wrote:
Nice.. there's nothing quite like Zero % APR!

Yeah, and I was shocked for her to just come out with that.

Re: Glad I asked Barclay for interest rate reduction

Anonymous — Thu, 04 Jun 2015 23:37:10 GMT

Did you ask for a SP CLI as well?

Re: Glad I asked Barclay for interest rate reduction

Anonymous — Thu, 04 Jun 2015 23:41:41 GMT

Congrats on your reduction!

Re: Glad I asked Barclay for interest rate reduction

SouthJamaica — Fri, 05 Jun 2015 01:52:54 GMT

@Anonymous wrote:
Did you ask for a SP CLI as well?

No I forgot to.

Re: Glad I asked Barclay for interest rate reduction

SouthJamaica — Fri, 05 Jun 2015 01:53:17 GMT

@MstrPTato wrote:
Congrats on your reduction!

Thanks MstrPTato

Re: Glad I asked Barclay for interest rate reduction

SouthJamaica — Fri, 05 Jun 2015 03:26:22 GMT

@Anonymous wrote:
Did you ask for a SP CLI as well?

I went back and inquired, and was told that the only way to do a CLI request today would be with a hard pull, so I declined.

Re: Glad I asked Barclay for interest rate reduction

aav — Sun, 21 Jun 2015 16:42:20 GMT

That's great! I am going to call them soon. Discover just gave me 0% interest too.

Re: Glad I asked Barclay for interest rate reduction

aav — Sun, 21 Jun 2015 17:07:06 GMT

I just called and Barclay gave me a better interest rate but couldn't offer 0%. The did offer me a sp cli of 2.5k. Since they are kind of tight with those I took them up on it.