Hello all, New member here
So here is what is going on, i have a capital one Sony card which i applied for and received my senior year in high school through Chase (the original issuer of the card) Since then Chase i guess 'sold' the Sony card to Capital One. It has now been about 5 years or so that i have had that card and the APR is at 27.24%.
I have always paid my payments on time and usually carry a balance of ~$100-$200 a month or two out of the year. However i just called capital one today and spoke with two different people, both stating "i do apologize, but, there are no offers for a lower interest rate on your card". They kept saying they cannot override anything, so i kept insisting if i may speak to someone who has the authority to override.
When they did not budge from there i discussed option #2: transfer my credit line over to a different card keeping the same credit limit (no need for a credit check, not that it matter since i have been anal about my credit score ever since i got my first CC and over the years it is almost at 800).
They said no you need to apply for that card we cannot make a Sony card a non-Sony Card, which kind of made sense? When i asked why, the supervisor couldn't explain why. After 30 minutes of back and forth of not getting anywhere i got off of the phone.
What are my options and tools that i can work with to get capital one to lower my interest rate?
Stop using the card after i pay the balance ($176)? I even said that to the CSR and the supervisor who seemed like they couldn't have cared less.
Thanks in advance!