topic Re: Discover rate increase from 9.99% to 18% in Credit Cards

Discover rate increase from 9.99% to 18%

BBYGRL — Mon, 08 Feb 2010 23:26:47 GMT

Well...my trusty Discover Card will be retired to my sock drawer until they lower my rate. My balances increased over the holidays, I have no late pays. I plan to pay them down or PIF to get my UTL between 7-10%. I didn't bother to call yet. I'm annoyed.

Re: Discover rate increase from 9.99% to 18%

Anonymous — Tue, 09 Feb 2010 00:18:30 GMT

that sucks... but we all feel your pain....

Re: Discover rate increase from 9.99% to 18%

Anonymous — Tue, 09 Feb 2010 01:54:54 GMT

I got hit by all of them right at the dealine. I got 5 letters for 5 accounts in one week. Their all bastards.

Re: Discover rate increase from 9.99% to 18%

fused — Tue, 09 Feb 2010 02:26:49 GMT

I have been rate jacked on all of my CCs. My APRs were all below 10%, now my lowest one is 13.99, while others are near 18-19%

Re: Discover rate increase from 9.99% to 18%

Anonymous — Tue, 09 Feb 2010 21:09:23 GMT

my citi divident went up to 29%...T__T

Re: Discover rate increase from 9.99% to 18%

BBYGRL — Tue, 09 Feb 2010 23:30:26 GMT

I have a feeling Citi, Chase and BofA are soon to follow...it really sucks! The bright side, I plan to be debt free by next year. No more charging if I do, I will PIF before a statement cuts.

Re: Discover rate increase from 9.99% to 18%

Anonymous — Wed, 10 Feb 2010 02:11:03 GMT

@Anonymous wrote:
my citi divident went up to 29%...T__T

That is a heck-of-a divident!

Re: Discover rate increase from 9.99% to 18%

Anonymous — Wed, 10 Feb 2010 15:14:45 GMT

my lowest rate is 4.40% which has been dropped from 24.90% by capital one and they did it on there own, 2 months ago

Re: Discover rate increase from 9.99% to 18%

fused — Wed, 10 Feb 2010 17:30:42 GMT

ryan1918 wrote:
my lowest rate is 4.40% which has been dropped from 24.90% by capital one and they did it on there own, 2 months ago

Amazing! You must have great credit and scores.Great Job!!!!!!!!

Message Edited by fused on 02-10-2010 07:30 AM

Re: Discover rate increase from 9.99% to 18%

Anonymous — Wed, 10 Feb 2010 18:33:48 GMT

not really but its getting better my score is only 641 now lots of baddies falling off and bk7 still showing i got 20 new accounts in the past six months

Re: Discover rate increase from 9.99% to 18%

Anonymous — Wed, 10 Feb 2010 18:40:07 GMT

ryan1918 wrote:
my lowest rate is 4.40% which has been dropped from 24.90% by capital one and they did it on there own, 2 months ago

Is the account still open? Is there a balance?

Wow, that is amazing! That rate is lower than their lowest posted rate, by far!

Re: Discover rate increase from 9.99% to 18%

score_building — Wed, 10 Feb 2010 18:47:38 GMT

@Anonymous wrote:
@Anonymous wrote:
my lowest rate is 4.40% which has been dropped from 24.90% by capital one and they did it on there own, 2 months ago

Is the account still open? Is there a balance?

Wow, that is amazing! That rate is lower than their lowest posted rate, by far!

does the card have an AF?

nice goto low rate card!

Re: Discover rate increase from 9.99% to 18%

Anonymous — Thu, 11 Feb 2010 02:10:37 GMT

@Anonymous wrote:
my lowest rate is 4.40% which has been dropped from 24.90% by capital one and they did it on there own, 2 months ago

They don't know they did it. Just let the computer fumble. Let us relish this with you.