MidnightVoice wrote:
Just past my Amex Blue grace period of no interest on purchases - new APR is 7.99 (Prime plus 2.99%).
This does not seem to bad for a rewards card. What APRs have others got?
My blue's intro in 5/2007 (edit) was 0% first 6mos (then 10.74%). At the 6 mo mark I called and asked to lower the apr, they adjusted it to 8.99%. At the 1yr anniversary I called and it was adjusted to a fixed 1.99 + prime which is currently 6.99%. Whenever I call in and talk to a rep and they see the rate, they just say wow; great rate on your blue. Just recently got a clear 5/2008 and was told after the 0% for 1yr (then 11.74%) promo expires I can call and have that apr lowered as well. I do love Amex! Although must admit the same scenario has worked with most of my other cards as well.
I see it as a consumers market; the ccc's must compete for our business just like the banks with mortgages. After all, we (the consumer) are the ones keeping their lights on!
Edit: Inital account (charge card) opened 6/2006; sorry for the misinformation.
Message Edited by ocheosa on
08-03-2008 09:59 AM
[4/24] Scores 8/9: 700-800s. Util: 1-2%. Inq/12: EQ 0, EX 3, TU 2. AoOA=15.8y, AoYA=8m.
TCL $678.5K: Personal $562.5K, Business $116K.