Tubpbs wrote:I'm not sure if anyone has touched on this or not (or if anyone noticed it or if anyone cares), but Chase seems to have changed their interest rates on their cards.
And the CSP has an APR range now, instead of the single APR it has historically had since I've been aware of the product.
Did anyone else notice these changes?
What about other lenders? I'm curious. I'm also curious what everyone thinks.
P.S. - I know it's at least in part / theory because the Fed raised the interest rate.
Nice catch. Just checked CSP. Odd that the range is only in the upper direction; best credit will still get 16.24%. Didn't see these changes in their other cards say Southwest. The 0.25% increase across the board has been happening for almost all banks now. Some of them did it overnight, others over a couple of weeks.
I'm a bit intrigued by the range expansion of CSP. I don't think everyone has followed suit with their topline cards. Citi Prestige still has a fixed APR; Citi TYP has multiple APRs, though it starts from 14.24%.
AMEX BCE | PRG || Barclaycard Sallie Mae || Capital One QuickSilver | Venture || Chase Freedom | Sapphire Preferred || Citi Dividend || Discover It || UFCU Great Rate || US Bank Cash+ #1 | Cash+ #2 | Club Carlson Plat | REI || Total CL $144.2k + PRG NPSL, not counting AU