How to get a or reduction

washington12 · ‎03-05-2016

How would you go about getting a reduction? I'm never late and always pay more than minimum. I have kept a balance though, but because I've had things come up lately. I actually notice one card's apr went up? Just wondering if it has to do with utilization, or your actual scores

Starting Score: 539eq 482tu 509ex
Current Score: 539eq 482tu 509ex
Goal Score: 650eq 650tu 650ex

Take the myFICO Fitness Challenge

washington12 · ‎03-05-2016

Apr reduction. Auto correct.

Starting Score: 539eq 482tu 509ex
Current Score: 539eq 482tu 509ex
Goal Score: 650eq 650tu 650ex

Take the myFICO Fitness Challenge

OmarGB9 · ‎03-05-2016

APRs went up due to federa rate increase. Pretty much all cards have a variable rate of prime + whatever margin the bank sets.

As for APR reductions, which bank/card are you referring to?

Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:

Current FICO 8 scores:

Anonymous · ‎03-06-2016

lately I've had great success by just calling CS and asking them to reduce my APR. Done by all I've asked except USAA. Still a couple left to do.

lg8302ch · ‎03-06-2016

If it is not on a Chase account (Chase does not discuss APR) then you can call in and ask for an APR reduction and see how far you get. As for the increase most cards have increased by 0.25% due to the fed increase mentioned above. Good luck!

washington12 · ‎03-06-2016

Well my qs and secured card from cap1 went up I haven't looked closely enough to notice any others

Starting Score: 539eq 482tu 509ex
Current Score: 539eq 482tu 509ex
Goal Score: 650eq 650tu 650ex

Take the myFICO Fitness Challenge

Anonymous · ‎03-06-2016

capital one and chase will both keep you at your starting APR in many cases. cap1 will give you like a 7 month decrease of about 4-6% but it's just temporary. really, just call or chat and ask. worst they can do is say no.

Anonymous · ‎03-06-2016

Please let us know what happens if you call.