Credit One APR Lowered

Rudy1 · ‎08-14-2020

I opened a Credit One Card in 2019 and the apr they gave me was 25.40%. Whatever I paid it in full so it did not matter today I got an email that a new document was posted. My apr was lowered to 23.90%. I can't believe they did that. Since it's Credit One.

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Red1Blue · ‎08-14-2020

Congrats

Anonymous · ‎08-14-2020

Those are just the prime rate decreases dropping your variable APR.

M_Smart007 · ‎08-14-2020

@Anonymous wrote:
Those are just the prime rate decreases dropping your variable APR.

+1

And they will go back up when interest rates rise.

CreditCrusader · ‎08-15-2020

@M_Smart007 wrote:
@Anonymous wrote:
Those are just the prime rate decreases dropping your variable APR.
+1

And they will go back up when interest rates rise.

...in 15 years

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M_Smart007 · ‎08-15-2020

@CreditCrusader wrote:
@M_Smart007 wrote:
@Anonymous wrote:
Those are just the prime rate decreases dropping your variable APR.
+1

And they will go back up when interest rates rise.
...in 15 years

We are in serious trouble if they don't raise rates for 15 years.

CYBERSAM · ‎08-15-2020

Coming form Credit One is like putting "lipstick on a pig"