@atarvuzdar wrote:
@Anonymous wrote:
@atarvuzdar wrote:Noticed the variable APRs on my cards have been increasing over the past few months. Got bored today and decided to try to lower the APR on my bank cards. Didn't expect any luck since my credit isn't stellar but I was actually able to lower a few--including two which had insanely high APRs.
Discover went from 23.99% to 19.24%
Barclaycard went from 25.99% to 21.99%
Citi DC went from 16.99% to 15.24%
Chase wouldn't even take a look ("We review twice a year and WE will reach out to YOU"), CapOne and BofA didn't have any offers at this time.
Citi DC is my favorite card for its generous limit and the super-easy (and often offered) balance transfers--now I have another reason to be an even bigger fan.
Never thought to do this before but I'm happy I went through the exercise. How often do banks usually entertain lowering APRs??
How did you go about asking Barclays? Did you use the secure messaging when you sign into your account?
I don't need to have it lowered. I pay in full every month but I want to try and see what happens.
Attempted the secure message but they responded very soon after that I had to call in. The call took all of three minutes, no fuss no muss.
What did you say to them? Did they ask why you wanted a lower APR?
@Anonymous wrote:
@atarvuzdar wrote:
@Anonymous wrote:
@atarvuzdar wrote:Noticed the variable APRs on my cards have been increasing over the past few months. Got bored today and decided to try to lower the APR on my bank cards. Didn't expect any luck since my credit isn't stellar but I was actually able to lower a few--including two which had insanely high APRs.
Discover went from 23.99% to 19.24%
Barclaycard went from 25.99% to 21.99%
Citi DC went from 16.99% to 15.24%
Chase wouldn't even take a look ("We review twice a year and WE will reach out to YOU"), CapOne and BofA didn't have any offers at this time.
Citi DC is my favorite card for its generous limit and the super-easy (and often offered) balance transfers--now I have another reason to be an even bigger fan.
Never thought to do this before but I'm happy I went through the exercise. How often do banks usually entertain lowering APRs??
How did you go about asking Barclays? Did you use the secure messaging when you sign into your account?
I don't need to have it lowered. I pay in full every month but I want to try and see what happens.
Attempted the secure message but they responded very soon after that I had to call in. The call took all of three minutes, no fuss no muss.
What did you say to them? Did they ask why you wanted a lower APR?
I told them the truth, that I noticed my APR has been rising over the past few months and that I wanted to know if there was any opportunity to lower it. It was pretty cut and dry.
Glad I read this..
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at 18:44, Aug 11:You’re now chatting with Xavier J..
Xavier J.
at 18:44, Aug 11:Hello, how can I help you today?
ME
at 18:44, Aug 11:Hi! I was inquiring to see if I had any special offers available for my account? Such as lowering my APR or CLI?
Xavier J.
at 18:47, Aug 11:Good afternoon Michael! Upon review, I'm seeing that your account is qualifies for a rate of a variable 19.24% that will be applied to future purchases only. Would you like me to apply that for you?
Me
at 18:48, Aug 11:That would be great!
I went from 23.99 to 19.24!!! Looks like we ended up with the same APR reduction offer since it was exactly the same haha
Going to try a few other cards right now. 