Nice Automatic Interest Rate Drop!

[ksiss]

I've only had my USAA Platinum Rewards card for about 3 months and have already received a drop to my APR without asking.  It started at 12.15%, but I just checked my balance and noticed that it's now at 11.4%.  I wonder if it has anything to do with the Fed dropping the overall interest rates and USAA is just generous enough to pass along some of the savings.

Either way, as an owner of both a USAA CC and a Cap One CC, it is very evident that no two credit companies are created equal.

[Anonymous]

almost all of my cards have variable rates-

Expect another .25 drop when ever your lender updates APR's.

[Anonymous]

Yep this is in response to the fed's last interest rate cut.