topic Amex APR help in Credit Cards

Amex APR help

Isacking97 — Sun, 30 Apr 2017 00:52:42 GMT

I been trying to lower my APR for about 2 weeks, and the only good anwser i got is to wait 2 months and try again, but strangely my fico score updated again and is now 740 so I decited to chat and I got a No, but the guy was so nice he gave me a number to call and try with them, Could it work?

Thanks

Re: Amex APR help

Anonymous — Sun, 30 Apr 2017 01:53:52 GMT

No idea if it works, but what's the harm in trying?!

Re: Amex APR help

austinguy907 — Sun, 30 Apr 2017 02:19:45 GMT

AMEX is kind of weird about APR reductions at least in my experience of 1 time so far. I asked them for a perm reduction and they said no. I asked if threre was a 0% and they said no. I asked if there were any offers on my account at all and they said yes and dropped it 3% for 12 months to 14.74%.

Everyone around here says to ask every 6 months or so for a review of offers. I'm not sure they'll do much though if you're under a temp reduction. Never hurts to bug them about it though just like their CLI's they need to be pestered about things to get them to do anything.

Re: Amex APR help

Anonymous — Sun, 30 Apr 2017 02:39:59 GMT

I logged into my account earlier this month and there was a pop up that offered a 9.99 for 12 months but each time I clicked on it, it would log me out, so I tried chat and they told me I would need to call, which they provided the number for. I called and spoke with the CSR for a few minutes and they added that to my account. So I would say you do have to call in, but if you don't have a targeted offer, you may not get a reduction....

Re: Amex APR help

NRB525 — Sun, 30 Apr 2017 13:18:53 GMT

I think it is profile and even card dependent.

I was able to get my SPG card down to 10.99% (after recent prime rate increases) and it is on a 12-month 6.99% purchase APR offer. Started at 16.24% in Aug 2015.

My Delta (now Platinum, was Gold) is still at the high APR of 19.99% and it was my first AMEX in 2013. That card got a 12-month purchase APR at the end of 2014 for 6.99% but try as I might, I can't get them to lower the regular APR. They offered a 1% temporary reduction for 12 months from Dec 2016. Thanks!

Hilton card also lowered APR somewhat. Started 19.24% in Apr 2015, got it to 15.24% by Sept 2015, but haven't tried more because it's not used much.