topic Re: Lowest APR on Rewards Cards in Credit Cards

Lowest APR on Rewards Cards

mxp114 — Sat, 17 Nov 2012 22:11:25 GMT

How low is yours? Discover advertises 10.99%+ however some people have reported as low as 7.99%. I'm curious how low they can go especially on Citi TY and CSP cards, mine are 13.99% and 15.24% respectively.

Re: Lowest APR on Rewards Cards

Anonymous — Sat, 17 Nov 2012 22:22:28 GMT

State Department Federal Credit Union (SDFCU) offers rewards with a card as low as 6.99 APR.

Re: Lowest APR on Rewards Cards

jsucool76 — Sat, 17 Nov 2012 22:28:27 GMT

and as far as citi TY cards...from what I've heard thank you points aren't worth anything anyways

Re: Lowest APR on Rewards Cards

Cdnewmanpac — Sat, 17 Nov 2012 22:29:38 GMT

Wife's TYP is 10.24%, but she PC'd to this and the APR stayed the same. I was surprised, since the application said it would by 15 something. She also has an Amex clear at 6.99% that is left over from some promotion years ago. I don't know if you consider that a rewards card, although she does get an Amex GC every time she spends $2500.

Re: Lowest APR on Rewards Cards

Imua — Sun, 18 Nov 2012 01:45:41 GMT

my chase freedom apr is 9.79%

Re: Lowest APR on Rewards Cards

asteroidblues86 — Sun, 18 Nov 2012 01:50:50 GMT

Citi Thank You Preferred 6.74 %

Re: Lowest APR on Rewards Cards

jsucool76 — Sun, 18 Nov 2012 01:51:55 GMT

Damn...Im getting jealous now...my lowest APR (not counting 0% intro) is 13.24%...which is also an intro with my WF card.

Re: Lowest APR on Rewards Cards

mab6311 — Sun, 18 Nov 2012 02:20:23 GMT

Benton wrote:

State Department Federal Credit Union (SDFCU) offers rewards with a card as low as 6.99 APR.

I have to say i never heard of that card but i have to say i might apply No foreign transaction fees and low apr and no fee, yea the points i would just get gift cards but still seams like a very nice card.

Re: Lowest APR on Rewards Cards

Anonymous — Sun, 18 Nov 2012 03:51:50 GMT

Who around here shops for the cost of cash when looking for a card? The same way you do for a car loan or mortgage?

Re: Lowest APR on Rewards Cards

RonDawg — Sun, 18 Nov 2012 03:53:44 GMT

US Bank Cash + card 7.99%

Re: Lowest APR on Rewards Cards

Anonymous — Sun, 18 Nov 2012 04:01:53 GMT

@RonDawg wrote:
US Bank Cash + card 7.99%

Is this rate for cash and purchases?

Re: Lowest APR on Rewards Cards

Anonymous — Sun, 18 Nov 2012 04:14:18 GMT

@Anonymous wrote:
@RonDawg wrote:
US Bank Cash + card 7.99%
Is this rate for cash and purchases?

Was that a special promotion? Terms and Conditions now say rate is:

13.99% to 23.99% based on your creditworthiness when you open your account.

Re: Lowest APR on Rewards Cards

Anonymous — Sun, 18 Nov 2012 04:30:57 GMT

My lowest is 10.24% with Alliant.

2nd is 12.99% with my local CU.

But most of mine are between 15-20%

Re: Lowest APR on Rewards Cards

Anonymous — Sun, 18 Nov 2012 04:37:55 GMT

@Anonymous wrote:
My lowest is 10.24% with Alliant.

2nd is 12.99% with my local CU.

But most of mine are between 15-20%

Why tolerate lenders willing to charge you such high APRs?

Re: Lowest APR on Rewards Cards

jsucool76 — Sun, 18 Nov 2012 16:51:49 GMT

@Anonymous wrote:
@RonDawg wrote:
US Bank Cash + card 7.99%
Is this rate for cash and purchases?

Do you take out a lot of cash advances or something?

Re: Lowest APR on Rewards Cards

Anonymous — Sun, 18 Nov 2012 17:12:37 GMT

@jsucool76 wrote:
@Anonymous wrote:
@RonDawg wrote:
US Bank Cash + card 7.99%
Is this rate for cash and purchases?
Do you take out a lot of cash advances or something?

I do not borrow at all from a credit card, yet! The something is planning for an issue I hadn't anticipated. It seems many good people seek credit with out fully understanding the terms of service. Many folks plan to PIF, but look at the many who don't. Call APR awareness Insurance you never need to use, but have if need be. OK?

Re: Lowest APR on Rewards Cards

navigatethis12 — Sun, 18 Nov 2012 20:19:45 GMT

Chase Ink Classic is 10.24%, PNC Cashbuilder Visa Signature is 12.99. Most I have are at 20 or over if I recall correctly. I care more about the limit than the rate.

@Anonymous wrote:
Why tolerate lenders willing to charge you such high APRs?

Most people don't carry balances so rates aren't important. If people do plan to do it, they would be somewhat mad to do it on a rewards card, instead of a card made for carrying a balance.

Re: Lowest APR on Rewards Cards

RonDawg — Mon, 19 Nov 2012 02:07:02 GMT

@Anonymous wrote:
@RonDawg wrote:
US Bank Cash + card 7.99%
Is this rate for cash and purchases?

This is not an intro rate and it is just for purchases.This is my rate grand fathered in at US Bank this account was converted to a Cash + account and I kept my grand fathered in rate of 7.99%

Re: Lowest APR on Rewards Cards

RonDawg — Mon, 19 Nov 2012 02:08:47 GMT

@jsucool76 wrote:
@Anonymous wrote:
@RonDawg wrote:
US Bank Cash + card 7.99%
Is this rate for cash and purchases?
Do you take out a lot of cash advances or something?

Cash + is the name of the card. It is a 5% cat card like Freedom and More/IT

Re: Lowest APR on Rewards Cards

Anonymous — Mon, 19 Nov 2012 02:22:23 GMT

@RonDawg wrote:
@jsucool76 wrote:
@Anonymous wrote:
@RonDawg wrote:
US Bank Cash + card 7.99%
Is this rate for cash and purchases?
Do you take out a lot of cash advances or something?
Cash + is the name of the card. It is a 5% cat card like Freedom and More/IT

And even better with the 25% bonus on $100 redemptions. So that 7.99% is a great rate for such a good reward card.