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NAVY PC/Interest Rate Reduction

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TimFlorida
Valued Member

NAVY PC/Interest Rate Reduction

Have been carrying a balance on my GoRewards.  It was my cheapest APR.  But with interest rates creeping up I called to see if I was eligible for any rate reductions.  They told me I was at the lowest APR for both my Flagship (14.24%) and GoRewards (13.24%).

I was however able to PC my GoRewards to a Platinum and shave 3 points off (13.24% to 10.24%).

I'd like to keep my Flagship but might need to consider converting it to Platinum as well.  Or try my luck with a new 0% card elsewhere.


TCL: $102,400






Message 1 of 18
17 REPLIES 17
OmarGB9
Community Leader
Super Contributor

Re: NAVY PC/Interest Rate Reduction

Thanks for the DP. They refuse to lower my rate any lower than the highest 18%. Smiley Sad


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

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 2 of 18
MarkintheHV
Frequent Contributor

Re: NAVY PC/Interest Rate Reduction

Citi is offering the Simplicity which is a  21 month 0% card.

 


@TimFlorida wrote:

 Or try my luck with a new 0% card elsewhere.


 

What's in my wallet?
NFCU Flagship - 80k | AmEx Delta Reserve - $70k | Citi AA Executive - $37k | AmEx Delta Reserve Biz - 60k
Message 3 of 18
ptatohed
Valued Contributor

Re: NAVY PC/Interest Rate Reduction


@MarkintheHV wrote:

Citi is offering the Simplicity which is a  21 month 0% card.

 


@TimFlorida wrote:

 Or try my luck with a new 0% card elsewhere.


 


Where do you see that?  I see 15mo for Rewards+ and 12mo for Simplicity.

 

https://www.citi.com/credit-cards/compare/view-all-credit-cards?intc=megamenu~creditcards~vac

 

 

5% CB rotating: ;
Everyday 3% CB: ;
Everyday 5%: ;
Companion Card: ;
Everyday 2.2% CB: ;
Retired to sock drawer after AOD (kept alive w/ 1 purchase every 6 mo): ;
On my radar: ;
Still Waiting for an Invite: ;
No hope:
Message 4 of 18
TimFlorida
Valued Member

Re: NAVY PC/Interest Rate Reduction


@MarkintheHV wrote:

Citi is offering the Simplicity which is a  21 month 0% card.

 


@TimFlorida wrote:

 Or try my luck with a new 0% card elsewhere.


 


I've been thinking about trying Discover, they've been clearing a small rain forest to send me fancy mailers begging me to apply for a card with them.


TCL: $102,400






Message 5 of 18
M_Smart007
Legendary Contributor

Re: NAVY PC/Interest Rate Reduction


@ptatohed wrote:

@MarkintheHV wrote:

Citi is offering the Simplicity which is a  21 month 0% card.

 


@TimFlorida wrote:

 Or try my luck with a new 0% card elsewhere.


 


Where do you see that?  I see 15mo for Rewards+ and 12mo for Simplicity.

 

https://www.citi.com/credit-cards/compare/view-all-credit-cards?intc=megamenu~creditcards~vac

 

 


@ptatohed,

 

Maybe the BT rate?

Balance Transfer Rate:

0% Intro APR for 21 months. After that, the variable APR will be 18.49% - 29.24%, based on your creditworthiness1.

(Click image to enlarge)(Click image to enlarge)

Message 6 of 18
CYBERSAM
Senior Contributor

Re: NAVY PC/Interest Rate Reduction

One of your Chase CCs should offer decent BT option! Transfer fee should be much less then anything you would pay for your lowest APR! With Chase you can move the limits around to a CC that would serve you best, then go for BT and request CLI on others that lost limits.

Chase now offers SP CLI over the phone!

Just in case you don't want to add a new trade line to your report!







                
Message 7 of 18
ThomasJNewton
Frequent Contributor

Re: NAVY PC/Interest Rate Reduction


@TimFlorida wrote:

 

I've been thinking about trying Discover, they've been clearing a small rain forest to send me fancy mailers begging me to apply for a card with them.

My Boyfriend gets two to three of them a week. Trying to find a place that can turn Discover credit card offers into building materials or insulation so that at least we could get something out of them. :-D

 

Message 8 of 18
SUPERSQUID
Valued Contributor

Re: NAVY PC/Interest Rate Reduction


@OmarGB9 wrote:

Thanks for the DP. They refuse to lower my rate any lower than the highest 18%. Smiley Sad


I'm in the same boat with them.

{ BK7 DC 12/2019 } target 1600/ kohls Visa 7000/ discover IT cb 6500 / 2nd discover IT cb 6000/mercury 4100 / firestone 2800 /legacy 3000 /first savings bank cc 3000/ cap1 QS 5000/ cap 1 savor one 3100 /Bread rewards Amex 4k, Penfed PCR signature visa 10k/ penfed gold 7.5k NFCU >signature visa cash rewards 21700/bread cashback amex 8000

>/ nfcu platinum 15k, BABY NEEDS NEW SHOES !!!!!
closed-- reflex, applied bank, first digital, mission lane, ikea, fingerhut, big lots, valero gasoline, ollo, more to come
Rebuilding since September 2020
who i burned - chase, cap 1, TD bank, Sync, were the biggies
Income 40k
Total utilization around 20 pct depending on my current usage/needs
Ficos in the 680 - 690 range, the 9's slightly higher than the 8's
My vantage scores 708 - 711
TCL - about 110k
Retired since 2017
Message 9 of 18
Dadof31978
New Contributor

Re: NAVY PC/Interest Rate Reduction

I know you don't want to hear the truth, but you need to cut the cards up, and go learn Dave Ramsey.
Message 10 of 18
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