@TiggerDat wrote:
I have 17 major credit cards and I make a point of asking for APR reductions occasionally on some of them. So a few days ago I decided to simply do the circuit and ask them all.
I got 7 permanent reductions and 4 temporary reductions.
Amex - 2 cads reduced, now at 14.99 (Hilton Honors) and 16.99 (BCP)
FNBO - reduced to 14.99
Discover -reduced to 17.24
Barclay Rewards - reduced to 17.24
Sallie Mae - reduced to 16.99
Citi Dividend - reduced to 20.99
Temporary reductions
APRs not listed here on them
3 Capital One Cards
Comerica/Elan also temporary
One card already at the lowest APR offered for that account for over a year: Marathon Visa.
No go's and will never lower it according to the CSRs
@Anonymous Masters Extra MC @ 23.99 - Correct, unless you were part of a review of select cardholders who received automatic APR reductions during 2014. You may likely see a unicorn before this APR gets lowered. Synchrony's APRs are pretty much static unless you qualify for Tier 1 on some of their co-branded cards on a first try.
No go's and possibly only with a HP
BofA - This one you can still try in another 6 months (all based on elegibility criteria).
PNC
Chase - won't happen unless they automatically reduce it on their own during staggered/periodic account reviews. Another unicorn sighting possible here.
Didn't ask:
Huntington Voice - New card - APR is pretty much what it is when you were approved (*insert* creditworthiness here) and will not go lower.
The hardest of these to get lowered was the Barclay Rewards card which required me filing a case with them and getting a call back from an 'Account Manager'
So it can be done and everyone really should do it. Even if you PIF each month, you never know what the future might hold.
Most of the reductions were 3-4 points.
Overall a good outcome OP - nicely done!
