Hopefully K-in-Boston will advise his rate. Mines high...23 or something. I'm just curious about how they're coming up with the fee. It seems like a good deal if you had to carry a balance and had no 0% cards available. It would be comparable to my lowest rate card at a little over 10% I think.
medicgrrl, my Blue and Starwood cards are in the 15s which is the lowest advertised for each. Looks like every % of APR is .07% probably.
ETA: Decided to take a shot with chat to see if I could lower my Starwood today. Turns out that at 15.99% (that crept up fast with the Prime Rate changes) I actually have 0.25% lower than the lowest advertised, which is now 16.24%. No go, but they did suggest that I inquire again in a few months so it's not like Citi where you're just flat-out told you already have the minimum and they can't go lower.
Looked further at the plan rate on mine today it says .34, my standard Apr is 7.99 right now....
@9CLINE wrote:
Looked further at the plan rate on mine today it says .34, my standard Apr is 7.99 right now....
Wow, that's... wow! CreditCuriousity wowed me before, but yours is actually open!
So it certainly seems to be tied to APR and since your rate and APR are essentially exactly half of mine that looks logical.
hmm maybe this is why my APR all of a sudden went up from 23.49% to 23.99%. oh well not like it matters to me anyways since i never pay a penny worth of interest on all my cards.
@wilmer007 wrote:hmm maybe this is why my APR all of a sudden went up from 23.49% to 23.99%. oh well not like it matters to me anyways since i never pay a penny worth of interest on all my cards.
If by "all of a sudden" you mean over the past few months, it's just the change in Prime Rate as the Fed keeps increasing interest rates by 0.25%. We're back to 2008 rates.