Credit Card Forum
  1. #1
    sdoonan
    sdoonan is offline
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    Default Student card APR rates

    Hi all,

    I'm curious to know if student credit cards are prone to getting APR reductions. My CitiForward card is currently 15.24%, which is the lowest. I tried to have it reduced by mailing a letter, which amounted to nothing. Any ideas?
    Cards I Carry:

    Visa: CitiForward Student (1k CL, 15.24%), Capital One Student Journey Rewards (.5k CL, 19.8%)
    Discover: More Student (1k CL, 17.99% regular, current rate 1.9% through 3/6/12) (Primary card at this time)
    AMEX: Blue Cash Everyday (2k CL, 21.25%)
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    Reply With Quote Reply With Quote     Nov 12, 11, 6:08 pm
  2. #2
    bisbicos
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    I have a Citi forward card as well as a Citi mtvu student card. The mtvu card was at 17.99 so I called up to "cancel it". I was transfered to customer loyalty/customer rentention department. where I told them my Apr was too high and I wanted to close the account if it wasn't lowered. They immediately lowered it to 13.99

    Give it a try. Also how long have you been a card holder with Citi?
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    Reply With Quote Reply With Quote     Nov 13, 11, 12:01 am
  3. #3
    bisbicos
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    Also try and see if they will ease your limits this way as well
    Cards
    Visa: Citi Forward (5x pts on restaurants), Capital One Journey (1.25% cash back), BofA AAA (5% on gas)
    Discover: Discover More (5% rotating categories)
    Mastercard: Best Buy (4% at best buy), Chase Freedom (5% rotating categories)
    American Express: Zync
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    Reply With Quote Reply With Quote     Nov 13, 11, 12:17 am
  4. #4
    naomibatac
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    If you are a good credit card user, you could always negotiate for a lower APR. Check this out

    mod edit: no promotion of commercial sites please
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    Reply With Quote Reply With Quote     Nov 16, 11, 11:22 pm
  5. #5
    jumbo
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    I got a boa student platinum visa with 14% apr.
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    Reply With Quote Reply With Quote     Nov 17, 11, 10:35 pm
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