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After seeing several posts regarding APR reduction on this card, I thought I would give it a try. I have had the card for almost 1 year with 1 SP cli. I called the number on the back of the card, spoke to a very nice lady who said she to hold while see processed the request. Within a matter of minutes, she responded with a reduction from 24.24% to 17.24%. I generally PIF, but just in case, the call was worth my time.
Thanks to everyone for all the helpful info on this site.
Awesome!!! I wonder if 1 year is an official internal qualifier for an APR reduction.
I do this via live chat on a regular basis. My current rate was just bumped from 14.59 to 15.59% when the rate hikes took place. But its still below their advertised APR.
Wish Costco would do it but its one rate for everyone.