Wow! Nice haul!
Congrats!
@Puppetmaster Congratulations on the new cards and CLIs. How'd you get the 7% apr reduction from Disco
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@SweetCreditObsession wrote:@Puppetmaster Congratulations on the new cards and CLIs. How'd you get the 7% apr reduction from Disco
With Discover, I paid it off about a month ago. My income is wavy, so my balances rise between waves, and then I pay off balances when the waves come. In addition to Discover, I paid off some other balances at the same time. Once they all reported, so my utilization fell below 10% and my scores rose, I called Discover and asked for an interest rate reduction. They told me I could either get a 0% promotional rate for 12 (I think) months, or a reduction. I chose the reduction. I also requested a credit line increase on a different call, and received a $1,500 increase.
I asked other card issuers for interest rate reductions also, and none of them would budge. So I went on my lower interest rate application binge, which was very successful, and the higher rate cards will lose most or all of their action. I want to maintain relationships with most of the issuers, so I will probably use the higher interest cards some, without carrying balances, just to keep the relationships going. Bank of America wouldn't lower my rate on my existing card, but approved an additional new card at a lower rate.
