topic Re: Apple Card Lowered My APR.... in Credit Cards

Apple Card Lowered My APR....

DoctorLoomis — Fri, 17 Apr 2020 07:31:38 GMT

Without asking, I noticed Apple lowered my APR from 17.49 to 15.99%........

Re: Apple Card Lowered My APR....

Anonymous — Fri, 17 Apr 2020 07:36:50 GMT

Mine also dropped 1.5%. Maybe because of prime rate + variable

Re: Apple Card Lowered My APR....

CreditCuriosity — Fri, 17 Apr 2020 10:38:43 GMT

The fed lowered your apr, not apple

Re: Apple Card Lowered My APR....

AllZero — Fri, 17 Apr 2020 15:27:11 GMT

Congratulations on your APR reduction!

Re: Apple Card Lowered My APR....

blindambition — Fri, 17 Apr 2020 15:33:42 GMT

Congrats! The Federal Reserve gave us all a gift on credit cards.

Re: Apple Card Lowered My APR....

Anonymous — Fri, 17 Apr 2020 16:22:02 GMT

@DoctorLoomis Congratulations on your APR reduction! As it's been said, the fed cut CC rates.

Re: Apple Card Lowered My APR....

M_Smart007 — Fri, 17 Apr 2020 17:26:02 GMT

@CreditCuriosity wrote:
The fed lowered your apr, not apple

Re: Apple Card Lowered My APR....

Anonymous — Fri, 17 Apr 2020 17:57:07 GMT

Not too FSR, but anyway! I am surprised that people who know enough to view/worry about the APR on their cards are unaware of either or both of a) Prime rate cut or b) how that impacts their rate.

The economic news going on now is hardly available only on esoteric new sources, it's mainstream!

On the other hand, April 10th I got an letter from part of CVS beginning "As you may have heard, we are starting to see cases of the coronavirus (COVID-19) in the United States." Um yes, vaguely heard something about that!

Re: Apple Card Lowered My APR....

CYBERSAM — Fri, 17 Apr 2020 17:59:00 GMT

@CreditCuriosity wrote:
The fed lowered your apr, not apple

Cap1 hasn't drop my APR in 2 years!

Re: Apple Card Lowered My APR....

CreditCuriosity — Fri, 17 Apr 2020 18:43:34 GMT

@CYBERSAM wrote:
@CreditCuriosity wrote:
The fed lowered your apr, not apple
Cap1 hasn't drop my APR in 2 years!

if prime+their cut on terms and conditions then there is a problem as prime is basically 0 percent...

Re: Apple Card Lowered My APR....

Anonymous — Fri, 17 Apr 2020 21:02:58 GMT

@CreditCuriosity wrote:
The fed lowered your apr, not apple

The Fed lowered his APR, not Goldman Sachs.

Re: Apple Card Lowered My APR....

Anonymous — Fri, 17 Apr 2020 22:26:24 GMT

@Anonymous wrote:
@CreditCuriosity wrote:
The fed lowered your apr, not apple
The Fed lowered his APR, not Goldman Sachs.

And, to be fair, nor did Apple!

Re: Apple Card Lowered My APR....

Repairman — Mon, 26 Oct 2020 02:37:26 GMT

@CYBERSAM wrote:
@CreditCuriosity wrote:
The fed lowered your apr, not apple
Cap1 hasn't drop my APR in 2 years!

Exactly. NONE of my cc APRs got lowered. To OP congrats on your Apple Card APR reduction!