topic CSP lowered APR in Credit Cards

CSP lowered APR

sghosh5 — Thu, 06 Jun 2019 11:22:20 GMT

Though I don’t get any offer from chase, but recently CHASE lowered the APR to 6.9% till December 2019. Did anyone else get the similar offer. I guess they are doing this since i stopped using the card much

Re: CSP lowered APR

pinkandgrey — Thu, 06 Jun 2019 13:27:24 GMT

Not bad. Congrats! I don’t have a Chase card, so I can’t be of any help there lol

Re: CSP lowered APR

Remedios — Thu, 06 Jun 2019 13:44:55 GMT

@sghosh5 wrote:
Though I don’t get any offer from chase, but recently CHASE lowered the APR to 6.9% till December 2019. Did anyone else get the similar offer. I guess they are doing this since i stopped using the card much

Nope. That and BT offers went out to a lot of cardholders.

It is certainly meant to encourage usage.

Re: CSP lowered APR

simplynoir — Thu, 06 Jun 2019 13:51:39 GMT

@Remedios wrote:
@sghosh5 wrote:
Though I don’t get any offer from chase, but recently CHASE lowered the APR to 6.9% till December 2019. Did anyone else get the similar offer. I guess they are doing this since i stopped using the card much

Nope. That and BT offers went out to a lot of cardholders.

It is certainly meant to encourage usage.

Yep the summer spending is what they're targeting here. AMEX and others have been following suit throwing out reduced APR offers to encourage use of their cards.

Re: CSP lowered APR

Anonymous — Thu, 06 Jun 2019 18:51:10 GMT

Nothing for me as of yet. I do use my CSP quite regularly though. Nothing big, but definitely useage every month.

Would be nice to get either offer, chase hardly ever has any BT promos. And if I could get 9% APR I might float a balance for a few months.

Ther are some big ticket items I kind of want.

Re: CSP lowered APR

sghosh5 — Thu, 06 Jun 2019 18:53:02 GMT

@Anonymous wrote:
Nothing for me as of yet. I do use my CSP quite regularly though. Nothing big, but definitely useage every month.

Would be nice to get either offer, chase hardly ever has any BT promos. And if I could get 9% APR I might float a balance for a few months.
Ther are some big ticket items I kind of want.

It started giving me BT offers recently though the limit on my cards hadn't changed in last 5 years since when i got the cards actually. Chase doesn't like my profile due to multiple inquiries and new accounts.