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How often will Amex reduce APR?

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cottoncrown
Frequent Contributor

How often will Amex reduce APR?

Last time I called they said to call back in a couple months and they might be able to reduce it further. Does anyone know if there is a rule for how much time need be between APR reductions? Thanks!
Message 1 of 4
3 REPLIES 3
cottoncrown
Frequent Contributor

Re: How often will Amex reduce APR?

Anyone?
Message 2 of 4
lhcole77
Valued Contributor

Re: How often will Amex reduce APR?


@cottoncrown wrote:
Anyone?

If they told you to call back in a couple months, and if it's been a couple months, then I would call back.

Message 3 of 4
striehl8212
Frequent Contributor

Re: How often will Amex reduce APR?


@cottoncrown wrote:
Last time I called they said to call back in a couple months and they might be able to reduce it further. Does anyone know if there is a rule for how much time need be between APR reductions? Thanks!

It's a pretty standard rule for credit card companies to not allow APR reduction during promotional times. However, the day after a promotion ends and every sequental 6 months, AMEX will take a look at lowering your APR. That's what they told me anyways. 

March 2014: EX 693 I EQ 672 I TU 694
September 2014: EX 721 I EQ 741 I TU 742
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