Message from Disco - APR Reduction Thread

[omnicron]

I'm in shock, Received a message from Disco today...

We are pleased to tell you that we have decided to lower the following Annual Percentage Rates (APRs)
on your account:
ANNUAL PERCENTAGE RATE (APR)
Purchases Prime + 8.74%, currently 11.99%V
V = Variable. Variable rates will vary with the market based on the Prime Rate.
This change is effective as of October 20, 2020. However, if you are currently receiving any lower APR
special assistance or benefit programs, the above-described new APRs will not apply to your account
until those other programs or benefits end.
Thank you for choosing Discover® Card.

Not sure if this is normal. I've had only one card, Cap1 and still has it's orginal apr. All my new cards have different rates

[AllZero]

Congratulations on your APR reduction!

[Rpgough0311]

Hello all!

Just got a secure message from Discover saying they reduced my APR from 20.99 to 11.99! So maybe check yours and see if you guy and girls got one!

Pretty sweet news, but its 0% for a while since I opened it a month ago and I don't carry balances. Wonder if they'll give me a CLI before it turns 1 year?! Haha Or maybe I should try punching that Luv button???

[AllZero]

Congratulations on your APR reduction!

[omnicron]

Thanks! 

A few data points, dont know if it matters to anyone.

TU F8 758

SL 6500 

Bal 2200

Opened 09-28-20

I dont like having this high of a balance but I think they like it and I'm hoping for a huge CLI. I should get my first statement tomorrow and I'm considering asking for a increase.

[omnicron]

I got one today also!

Congrats

[Remedios]

Congrats to both of you! 

I've meged your threads since they are describing identical events in case someone else is looking for DPs. 

Easier when in one place. 

[AverageJoesCredit]

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@Rpgough0311 wrote:

Hello all!

Just got a secure message from Discover saying they reduced my APR from 20.99 to 11.99! So maybe check yours and see if you guy and girls got one!

Pretty sweet news, but its 0% for a while since I opened it a month ago and I don't carry balances. Wonder if they'll give me a CLI before it turns 1 year?! Haha Or maybe I should try punching that Luv button???

---

Thats a HUGE drop! Disco sure has her eyes on you

[M_Smart007]

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@omnicron wrote:

I'm in shock, Received a message from Disco today...

We are pleased to tell you that we have decided to lower the following Annual Percentage Rates (APRs)
on your account:
ANNUAL PERCENTAGE RATE (APR)
Purchases Prime + 8.74%, currently 11.99%V

---

Congrats on your Disco APR reduction.

[M_Smart007]

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@Rpgough0311 wrote:

Hello all!

Just got a secure message from Discover saying they reduced my APR from 20.99 to 11.99! So maybe check yours and see if you guy and girls got one!

Pretty sweet news, but its 0% for a while since I opened it a month ago and I don't carry balances. Wonder if they'll give me a CLI before it turns 1 year?! Haha Or maybe I should try punching that Luv button???

---

Congratulations!