topic Re: Two successful APR reductions (AMEX/Discover) in Credit Cards

Two successful APR reductions (AMEX/Discover)

Anonymous — Sun, 04 Mar 2018 04:08:12 GMT

I've never really paid attention to APR until I had to recently charge more than I could pay in full, due to buying a new house and needing to buy so many things. I decided to give the chat on AMEX's website a try. I successfully got them to reduce from 18.24% (originally 17.24% when opened) down to 16.24%. Later in the day, I noticed an offer for a card at 13.24% in my account. I called up and inquired about it, but found out it was a business card. I asked if they would match the APR. I was put on hold for a few minutes and she came back with saying she could lower my APR to 15.24%, saying that's the cap to how much they can lower a card in a single day.

I decided to call Discover and they also lowered my APR by 2%, and gave me a 12 month 0% interest offer as well.

TLDR; AMEX BCE reduced from 18.24% -> 15.24%, Discover IT Chrome reduced by 2% (can't remember the APR's, but much higher than AMEX)

Re: Two successful APR reductions (AMEX/Discover)

Anonymous — Sun, 04 Mar 2018 04:24:41 GMT

Congrats!!! Discover just lowered my APR by 3% a few days ago.

Re: Two successful APR reductions (AMEX/Discover)

Anonymous — Sun, 04 Mar 2018 04:26:18 GMT

Congrats.

Re: Two successful APR reductions (AMEX/Discover)

Anonymous — Sun, 04 Mar 2018 04:29:47 GMT

Nice work!

Re: Two successful APR reductions (AMEX/Discover)

Anonymous — Sun, 04 Mar 2018 04:42:04 GMT

Nice. Let me ask you this .Did your disco have a balance on it when they gave you the offer? If so how much uti? And how long have you been with them? Asking for my sister.

Re: Two successful APR reductions (AMEX/Discover)

Anonymous — Sun, 04 Mar 2018 04:49:38 GMT

I have been with Discover for nearly 5 years. CL of $9,000, statement balance of about $20, but already paid, balance of $0.

Re: Two successful APR reductions (AMEX/Discover)

Anonymous — Sun, 04 Mar 2018 04:51:34 GMT

Oh ok .I was wondering if they would do the offer with a hefty balance on the card .Guess its worth a shot anyway.

Re: Two successful APR reductions (AMEX/Discover)

Anonymous — Sun, 04 Mar 2018 04:56:04 GMT

Nice. Wonder if AMEX would lower more for you later.

Re: Two successful APR reductions (AMEX/Discover)

Anonymous — Sun, 04 Mar 2018 05:10:57 GMT

I plan on calling once the APR shows on my account. I assume it will show at the next statement, which is in 2 weeks.

Re: Two successful APR reductions (AMEX/Discover)

Anonymous — Sun, 04 Mar 2018 05:13:15 GMT

Congrats on your apr decreases!

Re: Two successful APR reductions (AMEX/Discover)

SomewhereIn505 — Mon, 05 Mar 2018 11:26:50 GMT

Congrats on APRs and soon to be new house!

Re: Two successful APR reductions (AMEX/Discover)

AverageJoesCredit — Mon, 05 Mar 2018 12:10:44 GMT

Nice job gettng apr redux, especially from Amex