topic Re: NFCU apr questions in Credit Cards

NFCU apr questions

Anonymous — Thu, 16 Mar 2017 05:16:24 GMT

Hi,

Was wondering if anyone knows if NFCU does apr reviews? I was approved 3 days ago at 15.65% and am wondering if as my credit profile gets better if anyone has been successful in getting there apr reduced on there NFCU accounts?

Re: NFCU apr questions

Anonymous — Thu, 16 Mar 2017 05:25:06 GMT

@Anonymous wrote:
Hi,

Was wondering if anyone knows if NFCU does apr reviews? I was approved 3 days ago at 15.65% and am wondering if as my credit profile gets better if anyone has been successful in getting there apr reduced on there NFCU accounts?

I've been with Navy for less than a year, so while I don't have personal experience with this, I'm under the impression that you can have your APR reviewed every 12 months

Re: NFCU apr questions

Creditplz — Thu, 16 Mar 2017 06:39:33 GMT

I can confirm that they require 1 year before they can lower your APR from what a rep told me 3 months into my account....

You can however call and ask a representative if you convert your card to a Platinum MC what your APR would be, they came back and offered me 12.55% or when I was at 15.95 on my CashRewards.. I kept it because I don't carry balances.

Re: NFCU apr questions

Gallager2014 — Fri, 17 Mar 2017 01:21:32 GMT

How likely is it NFCU lowers the apr when asked? I have had my card with them for about 3 years (plus accounts with them for 20 years) and would like to lower it from 17.49%.

Re: NFCU apr questions

Anonymous — Fri, 17 Mar 2017 01:56:28 GMT

@Gallager2014 wrote:
How likely is it NFCU lowers the apr when asked? I have had my card with them for about 3 years (plus accounts with them for 20 years) and would like to lower it from 17.49%.

If your scores have improved since you obtained the card, there is a very good chance that they will lower the APR. They are pretty consistent with granting APR reductions. Give them a call.

Re: NFCU apr questions

jgodfrey82 — Fri, 17 Mar 2017 03:29:47 GMT

I ask every 12 months and usually get something, I'm at 10.49 and expect there may be a little more room... Have also dropped DW's over 6 points in 3 years

Re: NFCU apr questions

jgodfrey82 — Fri, 17 Mar 2017 03:30:00 GMT

Just send a secure message asking

Re: NFCU apr questions

Gallager2014 — Thu, 13 Apr 2017 01:11:05 GMT

I sent them an SM and received a 1.5% reduction. Util was around 90%. I wish I would have tried sooner.

Re: NFCU apr questions

K-in-Boston — Thu, 13 Apr 2017 01:59:07 GMT

I am new to Navy and my wife also just joined. Do they do APR reductions below the advertised range for each card type? My Flagship is at 10.49% and my wife's Platinum is 8.49%, so they are already at the lowest but would be helpful to know whether that's something to ask for in a year. Thanks!