topic Re: Promotional APR Reduction(s)_Chase, Amex in Credit Cards

Promotional APR Reduction(s)_Chase, Amex

nytokyobred79 — Thu, 02 Feb 2023 12:46:23 GMT

Received the below 8.9% APR reduction promotional offer until August 31st, 2023 from Chase. It reminded me that tis the season of attempting APR reductions. After seeing this, I hopped on AMEX online chat and was able to get a 12 month promotional APR reduction on my Delta Reserve from 22.29% to 20.29% for future purchases. I have a few overseas trips coming up soon so either the CSR or Reserve will get heavy use. There was also a promotional offer for 0% APR until July 2023 for my Amex EDP. I took the Reserve reduction and the online rep suggested I call for manual reduction as well. I'll be sure to call. Probably worth calling Chase as well. I got my CSR at their highest APR a year ago so any reduction is nice. Wish I could get some permanent reductions but don't we all😊

Re: Promotional APR Reduction(s)_Chase, Amex

Anonymous — Thu, 02 Feb 2023 09:46:11 GMT

Shocked Chase is doing this! Received an offer yesterday for 5.9% ...

Re: Promotional APR Reduction(s)_Chase, Amex

TimFlorida — Thu, 02 Feb 2023 12:33:08 GMT

I received one for my Chase Amazon Prime for 11.99%.

Re: Promotional APR Reduction(s)_Chase, Amex

nytokyobred79 — Thu, 02 Feb 2023 12:43:01 GMT

Wowzers. That's awesome. I'm happy with my 8.9% and think I'll take the offer but still wondering if I can call to get a better offer. Maybe playing with fire?

Re: Promotional APR Reduction(s)_Chase, Amex

nytokyobred79 — Thu, 02 Feb 2023 12:45:41 GMT

I've been eying the Amazon Prime card but I still have about 11 months to be under 5/24. I can't remember Chase offering any reduced promo APR offers since then. Did see a few balance transfer offers.

Re: Promotional APR Reduction(s)_Chase, Amex

Anonymous — Thu, 02 Feb 2023 13:15:16 GMT

nytokyobred79

The offer I received from Chase as a promo Apr Reduction is my first offer in seventeen years. They did not offer any balance transfers.

Re: Promotional APR Reduction(s)_Chase, Amex

nytokyobred79 — Thu, 02 Feb 2023 13:30:37 GMT

Wow. So this is pretty rare for Chase then. The only time I received a balance transfer from them was when I let a large amount post on one of my Amexes. I think I let 3000 post at statement time and then Chase sent me a promotional BT offer. Didn't need it though.

Re: Promotional APR Reduction(s)_Chase, Amex

CreditCuriosity — Thu, 02 Feb 2023 15:26:51 GMT

Promo APR's or automatic APR I have gotten. It has been many years since I have seen a BT maybe as don't carry more then 2k at any given time on balances or maybe they are just that rare. Has to be close to 5 years since offered a BT, but flex loans or whatever Chase calls them I have constantly at 6.99 or something along those lines if want to use a CC, but i don't

Re: Promotional APR Reduction(s)_Chase, Amex

Remedios — Thu, 02 Feb 2023 15:40:16 GMT

I had a promotional offer on OG freedom in December, Chase went with 0% apr for 9 months,I accepted it, no charges on it because I didn't need it. No clue why I click on those sometimes. Two of my Chase cards are still in the initial 0% promo, so that only leaves Amazon card and CSR.

Amex wise, I have no fee plan it offer for new charges through 03/30. I get those on Reserve several times per year, usually when I have no use for them. I don't know what my apr is, it was highest they offer when it was approved, I asked for reduction once because there was conflicting information whether they will do it at all when it's consumer initiated or not.

They did but that was many Fed Moons ago, so now it's probably higher than what it was 3 years ago.

Re: Promotional APR Reduction(s)_Chase, Amex

Anonymous — Thu, 02 Feb 2023 16:59:14 GMT

@CreditCuriosity wrote:
Promo APR's or automatic APR I have gotten. It has been many years since I have seen a BT maybe as don't carry more then 2k at any given time on balances or maybe they are just that rare. Has to be close to 5 years since offered a BT, but flex loans or whatever Chase calls them I have constantly at 6.99 or something along those lines if want to use a CC, but i don't

Interesting ... just checked Chase and they are offering my personal account 0% Apr with a variable fee ranging from $4.73 on $1,000 over 3 months to $5.55 over 12 months. In the past there was an interest rate much higher than yours like over 9.9% Apr! Recently they offered 1.72% Apr per month ... They are resourceful.

Re: Promotional APR Reduction(s)_Chase, Amex

nytokyobred79 — Thu, 02 Feb 2023 17:10:16 GMT

@CreditCuriosity Yes, I have had the flex loan at 8.99 for quite some time but no need to take out a loan against the card. For the BT offer last summer, it was definitely tied to me posting a large statement balance on Amex. Cap 1 also sent an offer at that time. They never come when I need them.

Re: Promotional APR Reduction(s)_Chase, Amex

nytokyobred79 — Thu, 02 Feb 2023 17:16:06 GMT

@Remedios That sounds like a great offer on the OG. I still have my 0% APR on my Unlimited until Feb 2024 so it could be a potential balance transfer card should I need it.

For Amex, I saw that you had gotten perm reduction on your Reserve so you gave me hope to call and try. I'm happy for the promo reduction but I may take a stab at manual review. But I ain't hoping for a miracle 😅

Re: Promotional APR Reduction(s)_Chase, Amex

Namaste7 — Thu, 02 Feb 2023 17:25:53 GMT

I received an undisclosed offer with Chase. I’ll activate it after the next statement cycle and share the details.

Re: Promotional APR Reduction(s)_Chase, Amex

mgood — Thu, 02 Feb 2023 17:48:03 GMT

I got this email this morning. 6.99% for new purchases on my CFF through the end of August. I don't know if it will do anything for me because I don't carry a balance on that card. But it doesn't seem like it could hurt, and it just might come in handy for something. I'm not really spending on that card right now because I'm working on the SUB for my new CSP, but whatever.

At the very bottom it says "Please not that this offer is based on existing information on your account as of 01/11/2023." I just noticed that when I was editing the pics. I added a CSP on 01/20/2023. But apparently I got the deal anyway because I got the next email.

Re: Promotional APR Reduction(s)_Chase, Amex

Saleen099 — Thu, 02 Feb 2023 18:55:55 GMT

Chase said NO and then informed me that I haven't paid interest in over TEN years and then confirm my Traveller reservations.

Re: Promotional APR Reduction(s)_Chase, Amex

nytokyobred79 — Fri, 03 Feb 2023 00:25:02 GMT

@Namaste7 I wonder what has spurned these Chase offers. Well, hopefully, you get something worthwhile.

Re: Promotional APR Reduction(s)_Chase, Amex

nytokyobred79 — Thu, 02 Feb 2023 20:05:28 GMT

@mgood I'm in the same boat. I don't necessarily need it but I do have some major international travel for personal/ work and may just want to carry a balance 1 month. But regardless, it's nice to have than my current highest APR.

Re: Promotional APR Reduction(s)_Chase, Amex

Jordan23ww — Thu, 02 Feb 2023 20:18:12 GMT

@nytokyobred79 wrote:
Received the below 8.9% APR reduction promotional offer until August 31st, 2023 from Chase. It reminded me that tis the season of attempting APR reductions. After seeing this, I hopped on AMEX online chat and was able to get a 12 month promotional APR reduction on my Delta Reserve from 22.29% to 20.29% for future purchases. I have a few overseas trips coming up soon so either the CSR or Reserve will get heavy use. There was also a promotional offer for 0% APR until July 2023 for my Amex EDP. I took the Reserve reduction and the online rep suggested I call for manual reduction as well. I'll be sure to call. Probably worth calling Chase as well. I got my CSR at their highest APR a year ago so any reduction is nice. Wish I could get some permanent reductions but don't we all😊

Nice! Congratulations! I also saw an email from Chase too offering an APR reduction on my Freedom card until August 31!

Re: Promotional APR Reduction(s)_Chase, Amex

Remedios — Thu, 02 Feb 2023 20:48:00 GMT

I wonder if Chase is drunk..

Anyway, got one 🤷‍♀️.

Re: Promotional APR Reduction(s)_Chase, Amex

coldfusion — Thu, 02 Feb 2023 21:05:09 GMT

@Remedios wrote:
I wonder if Chase is drunk..
Anyway, got one 🤷‍♀️.

Not drunk, jealous of Precious.