APR Reductions...How Much Progress Have You Made

fused · ‎07-26-2008

I have been working very hard on this and I have been quite successful. I now have APR reductions with the following cards:

Amex Blue (soon to be Clear) to 6.74%

Chase Plat Visa lowered to 10.99%

FIA 529 Fidelity Plat Visa to 9.99%

CITI Divivdends Plat MC to 9.99% (reopened account and also received an auto CLI)

A no go with the following:

BoA unsecured LOC at 13.99%

Discover Motiva 10.99%

First Hawaiian Bank Gold Visa 13.99%

What about all of you guys and gals?

Anonymous · ‎07-26-2008

Citi Dividend Amex dropped me from 15.24 to 12.99 without me asking, but I had substantial score improvement also.

Chase Freedom lowered me from 15.99 to 11.99.

Amex Blue from 17.99 to 8.99.

Message Edited by FretlessMayhem on 07-26-2008 09:28 PM

shaybe · ‎07-26-2008

I recently called Bank of America and requested an APR reduction on my Student Platinum Plus Visa. I went from 15.99% to 12.99% and they also offered a $500 CLI that happily I accepted.

I also requested an APR reduction on my Target Visa but they wouldn't budge.

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Not applying again until August 2009, and only then with a 700+ credit score!! Wish me luck..... ugh.

Anonymous · ‎07-26-2008

actually cap1 reduced me from 17.9 to 16.9 and then the next month down to 14.9. i called and got this done. but now i cant get a cli to save my life

fused · ‎07-26-2008

It's nice to see others making headway too

Anonymous · ‎07-26-2008

Discover More 15.99 to 12.99

Chase 20.9 to 14.99

Boa 19.99 to 8.99

fused · ‎07-26-2008

BoA and 8.99% is great. Variable??

haulingthescoreup · ‎07-26-2008

fused, I didn't think that you carried balances. Is this just something you're working on for just in case reasons?

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

fused · ‎07-26-2008

haulingthescoreup wrote:
fused, I didn't think that you carried balances. Is this just something you're working on for just in case reasons?

You're 100% right on why I have been doing this.

Anonymous · ‎07-26-2008

This is probably not an option for sub prime cards. I think I asked either Credit one bank or Aspen about a rate reduction. They told me the rates where locked and that's how it is. If I want lower rates I need to re apply.

I would bet hsbc and merrick would work with me though. Sorry, I cant really comment on any progress. I'm just happy to finally have some positive TL reporting.