lowering cap1 APR

Skye12329 · ‎01-10-2015

I was wondering has anyone gotten this lowered by request? I asked on FB how to go about it and they said it cannot be lowered by request. Because it's in the T&C.

BK7 - 2/21
Cap1 QS - 2k (4/21) - Closed
Mission Lane - 4k (11/21) - Closed
Venmo - 900 (11/21) - Closed
SavorOne - 2700 (12/21)
VentureOne - 2000 (7/22) - Closed
CareCredit - 15000 (6/23)
Sam's Club - 5000 (7/23)
Venture - 5500 (8/24)
HELOC - 33000 (7/23)
Venture X - 15000 (11/24)
WF Reflect - 5000 (6/25)
Costco - 6800 (8/25)

gdale6 · ‎01-10-2015

@Skye12329 wrote:
I was wondering has anyone gotten this lowered by request? I asked on FB how to go about it and they said it cannot be lowered by request. Because it's in the T&C.

Yup, contact the Cap-1 Executive Office

JustinS · ‎01-11-2015

@gdale6 wrote:
@Skye12329 wrote:
I was wondering has anyone gotten this lowered by request? I asked on FB how to go about it and they said it cannot be lowered by request. Because it's in the T&C.
Yup, contact the Cap-1 Executive Office

+1 had my HSBC that cap one took over reduced awhile ago through the EO. Last time I asked them though they told me I'm already at the base rate (lowest they could go) which for the card in question is 14.99% which isn't horrible that being said though the rep did give me a promo of 10.9% apr until Apr or June I think it is... so yeah you should be able to especially if you have the card with them for awhile.

Anonymous · ‎01-11-2015

I'm going to have to talk to the EO in a few months. Today I tried to get my QS which is still carrying the APR from the Journey (24.90%) lowered through online chat. He took a look at offered me the fantastic offer of lowering it to 21.40%, or something around there, for 7 months. I think they do the temporary lower quite a bit. I passed. This card is SD.

I"m going to wait then get a little more pushy with the EO in about 6 months.