Help! Credit card company refuses to lower my rate

Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
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FastSRT8
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Postby FastSRT8 » Tue Apr 24, 2012 6:45 pm

Forgot to say... use them as much as they use us.
Carpe diem quam minimum credula postero!


DavidNY
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Postby DavidNY » Tue Apr 24, 2012 11:08 pm

Dylan1982 wrote:What is the difference between the two cards?


The Diamond has a few more bells and whistles. You can compare thier cards here: https://creditcards.citi.com/find-a-credit-card-by-feature/#

I see Discover More also has a 18 month BT program, but from my experience with them the credit line would be less than it would be from other major banks.

Dylan1982
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Postby Dylan1982 » Thu Apr 26, 2012 9:53 am

If I were to do a BT, lets say I do not pay the balance in full, does the credit card company charge you interest from day one then after the promotion ends do they add the accured interest to your account?
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)

jeffysdad
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Postby jeffysdad » Thu Apr 26, 2012 9:56 am

Dylan, some cc cos. will charge interest on balance retroactively if you do not complete full payment by end of bt period. This is important to understand up front. However, I think this kind of thing is more common with "zero interest" offers from retailers like furniture stores. I signed up for one of those but knew right from the start that interest would be applied back to purchase date if I didn't pay off the loan by the specified date. I paid off the loan a bit early. However, they're counting on a percentage of their customers not knowing about the retroactive interest and tripping up, of course.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

Dylan1982
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Postby Dylan1982 » Tue May 01, 2012 10:42 pm

Funny, the other day, in the mail I got an invitation for a Citi Diamond card.

Is there any other way to get my APR lowered? I might try calling again in a couple weeks. A member here mentioned to me that today was the day that Capital One took over The GM Card.
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)

Dylan1982
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Postby Dylan1982 » Sat Jul 07, 2012 7:02 pm

This all pertains to The GM Card

Please guys stay away from this CC company.. Here is another thread that I made as to why I dislike The GM Card..

http://creditcardforum.com/visa-mastercard/4374-going-call-gm-card-credit-limit-increase-need-some-advice.html
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)

Lithgow
 
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Location: West Texas

Postby Lithgow » Wed Jul 25, 2012 1:38 pm

New member here, I just got off phone with Wells Fargo CC, and they would not budge on my high interest rates either, and I have been a customer for over 10 years. I even talked with a supervisor. Very disappointed. I have excellent credit, no late payments. I said "you cant even lower it one percent?"

Enough is enough. I joined this site to get up to speed on how to find better offers. (and maybe a place where you can talk to a person instead of a computer.... that would be nice>>>). I too am looking at some of those offers mentioned.



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