topic Re: Citi AAdvantage APR redux and data points in Credit Cards

Citi AAdvantage APR redux and data points

Anonymous — Tue, 28 Jun 2016 16:41:24 GMT

My Citi Aadvantage World Elite Mastercard is now two months old, and during a 5 week period, I was able to get the APR reduced from 18.24% down to 13.49%, in a series of three requests. Excited!

Many thanks to ihcole for posting his success in doing so. I would have had no idea it was possible to reduce the APR on a new card until I noticed his post.

I chatted online with reps on three separate occasions during a 5 week period and was successful each in time reducing the APR down to 13.49%. This rate is below the lowest published rate for the card, and the most recent rep I spoke with encouraged me to check back for a further reduction!

I do have a prior card with Citi in good standing, the Double Cash card that is now about 10 months old. I think there is something specific to the AAdvantage card relative to this rapid APR redux, as I have never seen it with another card before.

My spend on the card for the first two months has been about $3,200 ($3,000 was required to meet spend and I added a bit extra to ensure I met spend). I paid in full on the card each month.

I'm not certain that Citi had a lengthy enough period to evaluate my spend and payment behavior before granting the APR redux requests, so I can't say for certain which factors were involved.

Your mileage may vary, but I wanted to share that this is possible in hope that it helps someone. It is a great card and I have been very pleased with Citi!

Re: Citi AAdvantage APR redux and data points

Anonymous — Tue, 28 Jun 2016 16:30:37 GMT

Congrats. That is quite a bit of interest reduction in just 5 weeks. Makes you wonder why they just didn't give you that rate to begin with :-)

Re: Citi AAdvantage APR redux and data points

Anonymous — Tue, 28 Jun 2016 16:46:49 GMT

@Anonymous wrote:
Congrats. That is quite a bit of interest reduction in just 5 weeks. Makes you wonder why they just didn't give you that rate to begin with :-)

Thanks, Irish! I don't understand their reasoning, either.

ihcole did it in several steps (in a very short period of time) and I thought I might just give it a go after seeing his example. I never expected them to respond affirmatively!

Re: Citi AAdvantage APR redux and data points

ddemari — Tue, 28 Jun 2016 16:53:43 GMT

Congrats! Nice to see you getting some great outcomes!

Re: Citi AAdvantage APR redux and data points

Anonymous — Tue, 28 Jun 2016 16:57:19 GMT

@ddemari wrote:
Congrats! Nice to see you getting some great outcomes!

Thanks d, you are always encouraging and helpful! I've learned a lot from you

Re: Citi AAdvantage APR redux and data points

Anonymous — Tue, 28 Jun 2016 17:08:28 GMT

Outstanding! Nothing better than APR reduction!

Re: Citi AAdvantage APR redux and data points

Anonymous — Tue, 28 Jun 2016 17:14:54 GMT

@Anonymous wrote:
Outstanding! Nothing better than APR reduction!

Thank you, musiclover! I am definitely enjoying the APR reduction!

Re: Citi AAdvantage APR redux and data points

Anonymous — Tue, 28 Jun 2016 18:03:18 GMT

Nice Job hum! APR reductions are just as good as CLIs!!

Re: Citi AAdvantage APR redux and data points

Anonymous — Tue, 28 Jun 2016 18:06:12 GMT

@Anonymous wrote:
Nice Job hum! APR reductions are just as good as CLIs!!

Thanks, dasingleton! I completely agree that they are very helpful!

Re: Citi AAdvantage APR redux and data points

Anonymous — Wed, 29 Jun 2016 00:30:50 GMT

Also wanted to mention that I believe scoreorbescored reporting getting an APR around 10% on this card- so there is hope for the card to go below published APR rates.

I don't think most of us will get it that low - I'd be happy just getting it down to 12% if possible!

Re: Citi AAdvantage APR redux and data points

galahad15 — Wed, 29 Jun 2016 17:01:12 GMT

Congrats on the wonderful and amazing APR reduction humu!

Re: Citi AAdvantage APR redux and data points

Anonymous — Wed, 29 Jun 2016 19:06:19 GMT

Congrats on the APR Reduction!

Re: Citi AAdvantage APR redux and data points

lhcole77 — Wed, 29 Jun 2016 20:05:46 GMT

@Anonymous wrote:
My Citi Aadvantage World Elite Mastercard is now two months old, and during a 5 week period, I was able to get the APR reduced from 18.24% down to 13.49%, in a series of three requests. Excited!

Many thanks to ihcole for posting his success in doing so. I would have had no idea it was possible to reduce the APR on a new card until I noticed his post.

YAY! I'm glad this worked for you. i sure had fun doing it last year. I was on a roll.

Might just give it a go again. Last time I tried online chat said I'd have to call in. Blah to that. And meh too.

Congrats, humuhumunukunukuapuaa!!

Re: Citi AAdvantage APR redux and data points

Anonymous — Wed, 29 Jun 2016 20:50:40 GMT

@galahad15 wrote:
Congrats on the wonderful and amazing APR reduction humu!

Thanks, galahad! I was pretty excited!

Re: Citi AAdvantage APR redux and data points

Anonymous — Wed, 29 Jun 2016 20:51:04 GMT

@Anonymous wrote:
Congrats on the APR Reduction!

Thank you, protozoa - cool screen name, by the way

Re: Citi AAdvantage APR redux and data points

Anonymous — Wed, 29 Jun 2016 20:52:07 GMT

@lhcole77 wrote:
@Anonymous wrote:
My Citi Aadvantage World Elite Mastercard is now two months old, and during a 5 week period, I was able to get the APR reduced from 18.24% down to 13.49%, in a series of three requests. Excited!

Many thanks to ihcole for posting his success in doing so. I would have had no idea it was possible to reduce the APR on a new card until I noticed his post.

YAY! I'm glad this worked for you. i sure had fun doing it last year. I was on a roll.

Might just give it a go again. Last time I tried online chat said I'd have to call in. Blah to that. And meh too.

Congrats, humuhumunukunukuapuaa!!

Hey, lhcole! Good to see you and thank you very much for posting your success initially! You really helped a lot

Re: Citi AAdvantage APR redux and data points

RonM21 — Wed, 29 Jun 2016 21:30:52 GMT

Congrats and well done on getting that accomplished. I would not have thought they would lower it that way through that period of time.

Re: Citi AAdvantage APR redux and data points

Anonymous — Wed, 29 Jun 2016 21:33:43 GMT

@RM21 wrote:
Congrats and well done on getting that accomplished. I would not have thought they would lower it that way through that period of time.

Thank you, RM21! It must be something about the AAdvantage card, as lhcole was able to do it too in a very short period of time. I was surprised (and pleased)!

If this is an incentive from them to use the card more, it definitely worked!

Re: Citi AAdvantage APR redux and data points

Anonymous — Wed, 29 Jun 2016 22:17:14 GMT

@Anonymous wrote:
Nice Job hum! APR reductions are just as good as CLIs!!

I agree. But probably for the wrong reason.....

Re: Citi AAdvantage APR redux and data points

Anonymous — Wed, 29 Jun 2016 22:30:07 GMT

@Anonymous wrote:
@Anonymous wrote:
Nice Job hum! APR reductions are just as good as CLIs!!
I agree. But probably for the wrong reason.....

Not at all, if you're responsible with your credit