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APR Reduction Question

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Anonymous
Not applicable

APR Reduction Question

Last week I used the AMEX chat and got my rate reduced by 2%, and then another 1% by calling. It's now at 15.24% for the BCE. I know the advertised lowest rate is 14.24%, so how long should I wait before requesting another decrease? Wait another statement? Longer?

 

I appreciate any insight from those who have been successful in APR reductions.

Message 1 of 3
2 REPLIES 2
K-in-Boston
Credit Mentor

Re: APR Reduction Question

Hmmm I've never tried the double-dip APR reduction.  On chat, they've always told me to ask again in 6 months, and they do go below the lowest advertised for a particular card.  My Blue is like 13% and I was targeted for 9.99% on my SPG for a year.

Message 2 of 3
Anonymous
Not applicable

Re: APR Reduction Question

I believe it's six months before you can request again.

Message 3 of 3
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