AOD FCU Signature Visa still has 7.49% APR

cardme — Thu, 28 Jul 2022 15:14:16 GMT

When I was approved for this unicorn, I was lucky enough to get there lowest tier APR. The other day, I was reviewing the APRs on my various cards and noticed that this card is still at the same rate (via a statement that had just been cut) even though all of my other cards have adjusted alongside Fed rate moves. I also noticed that they have been updating the APRs for their other cards (as shown through their website). I fear this may be another fact that solidifies this card may be cut sometime soon

Re: AOD FCU Signature Visa still has 7.49% APR

unsungivy — Thu, 28 Jul 2022 15:22:43 GMT

@cardme wrote:
When I was approved for this unicorn, I was lucky enough to get there lowest tier APR. The other day, I was reviewing the APRs on my various cards and noticed that this card is still at the same rate (via a statement that had just been cut) even though all of my other cards have adjusted alongside Fed rate moves. I also noticed that they have been updating the APRs for their other cards (as shown through their website). I fear this may be another fact that solidifies this card may be cut sometime soon

Yes, AOD is a FIXED rate as opposed to a variable rate. This is one of the things that makes it likely to continue to have a use, especialy as prime continues to rise. Keep in mind that prime also dropped at the beginning of the pandemic, so fixed vs variable has pros and cons.

topic AOD FCU Signature Visa still has 7.49% APR in Credit Cards

AOD FCU Signature Visa still has 7.49% APR

Re: AOD FCU Signature Visa still has 7.49% APR