topic Re: Lowering Interest with BOA? in Credit Cards

Lowering Interest with BOA?

Anonymous — Tue, 21 Feb 2012 14:08:29 GMT

Two years ago I opened a secure BOA CC and then after a year they made it unsecured with a $500.00 limit and still a 20%APR.

Recently I called (CR) and asked if they could please lower my interest? (NOPE!!) not on this type of card they say,..OK so now the same card is (BOA rewards card) still same CL. I guess my question is if I were to call the back door number do you think or possibly know if they could help lower my interest rate and maybe a CLI.

TU:686

EQ:677

No late payments or any of that:

$1200.00 Lowe's card 0 balance, $1000.00 Wallmart card >150.00 balance, BOA $500.00 >0 balance

And just this morning I call the Barclay's backdoor number I got from this site, after being denied I reconed for $1500.00 12m interest free (new IMAC . OHH and $14000.00 left on my Jeep..

Anyways love the site Helped me out allot!! Thanks for any response! and don't WORK to hard guys...

Re: Lowering Interest with BOA?

Anonymous — Tue, 21 Feb 2012 17:32:28 GMT

TO answer my own question, I just got off the phone with BOA number found here and it worked. Raised CL and lowered interest rate,It didn't work when I called BOA CR twice.

Re: Lowering Interest with BOA?

cutemarty1 — Tue, 21 Feb 2012 17:54:38 GMT

Same here, my APR is 14%, it's a graduated secured platinum visa which was changed to a bankamerica cash rewards. after the PC, the annual remained! argh!

Re: Lowering Interest with BOA?

android01 — Tue, 21 Feb 2012 18:23:06 GMT

I recently had my BOA Power Rewards Visa interent rate reduced from 14.99% to 9.99%. I called the number on the back of my card, and asked if I was eligible for an APR reduction and was told "Yes, Mr Android, I've lowered it to 9.99% effective on your next statement." I wasn't expecting it, but I'm glad it happened!

Re: Lowering Interest with BOA?

cutemarty1 — Tue, 21 Feb 2012 18:58:16 GMT

lucky you! you must have good credit!

my Citibank since it defaulted last year due to a late payment still stands at 29.99! twice the APR reduction was declined already via the system message website route.

Re: Lowering Interest with BOA?

UFGuy2006 — Tue, 21 Feb 2012 22:18:53 GMT

My Cash Rewards card is hovering at 13.24 APR... called today for the hell of it to see if I was eligible for an APR reduction. After 10 minutes on hold... was told that I was not eligble for an APR reduction, BUT I was eligible to open a new Cash Rewards card by allocating some of my current credit line. I was like no thanks... why in the world would I want two of the same cards? I don't think the CSR even realized I already had the card... sigh, didn't hurt to call!