@dlm0820 wrote:
@Anonymous wrote:
@dlm0820 wrote:
@Jerry45 wrote:I have the Wally MC with a 5 figure limit, and their 23% APR is just brutal. Tried the Chat and Credit Solutions, but denied on the reduction both times.
Have had the card 3 years now.
Thought I would try Chase next, do they ever budge on APR reduction?
APR shouldn't matter if you are using the card the right way.
Could you explain using the card right....I need help eith that..thanks!!
If you use your cards the way they were intended to be used, then APR could be 1000% and it wouldn't matter.
You actually just repeated yourself but that's ok...I was trying to figure out if there was some type of strategy that you knew about using the card the way it should be used...thanks though...
@AverageJoesCredit wrote:
Youd have better luck getting getting Sams to have CostCo over for dinner
LOL
I think they were trying to say that rewards cards should always be paid in full by the due date bc they usually come with higher interest. Then you wouldn't pay any interest.
If you need to carry a balance it should only be done on 0% interest, low interest promos or a low interest card like a credit union card.
@stellar wrote:I think they were trying to say that rewards cards should always be paid in full by the due date bc they usually come with higher interest. Then you wouldn't pay any interest.
If you need to carry a balance it should only be done on 0% interest, low interest promos or a low interest card like a credit union card.
oh ok...got it stellar...thanks for chiming in.....
If you want a lower APR with Chase. you need to open a new card...
Your likely to get 2 pulls, sometimes one...
That said..
Login to chase and check your account for offers... these preapproval offers usually have their apr disclosed... look for a green checkmark...
you can see the apr before you app.. its its low enough.. then app.. its very likely youll get it...
Synch doesnt lower APRs
Chase rarely does. if you want a lower apr, you can get it on a new card with a preapproval...
And regarding "the right way" to use credit.. Yes being a transactor is an ideal thing, but reality is credit it meant to be used.. and sometimes we need float and dont always think ahead of the "ideal" card to use..... There are quite a few wrong ways but using credit for credit is not inheirently wrong... Sorry... Disagree with the poster on that.. The main goal is to try to use it as wisely as possible when we do need to tap it for float or a major purchase.. Hence why if you have good scores.. having a under 20% apr.. preferably a lot lower.. is a good goal if its possible.. Should have not need to have regrets if we use the wrong card or change our minds on floating a large or incidental purchase.. (Needs vs wants) and not have to deal with a BT shuffle for a short term fix.. Also im not a fan of shaming people for using credit as credit...
Less micromanagement, less worry..
-J
