Credit Card Advice

[RWB]

So yeah I've been paying off a Chase credit card for a while now, and today I notice that it wants more from me than normal as my minimum. So I checked the APR and it is MAXED at 29.99. I am like WTF! I have maybe been late on two occasions in like 48 months or something like that since I got it but nothing anytime recent. So I am definitely calling them up but I know they are going to give me **** and I'd like advice as to what I can and should say to them to threaten them back into my old APR or better.

Oddly enough I was paying off a parents Chase Credit Card and they are usually good at paying their bills too and I remember it too was 29.99% so I wonder if this is Chase being *******s or what. I also remember them giving my cousin some crap a while back for something else I don't recall what exactly though.

My mind is set that even if I don't have the money to pay I will and take a $35 funds charge from my bank so I don't hurt my credit.

[leishi85]

chances are, they might have raised the rates because that's just what they do. Do you ever receive those mails about their privacy policy change and such, sometimes they have the policy change to raise your APR in there too.

[primesuspect]

The best thing to do will be to just ask what you can do about lowering your interest rate. Don't come at them all angry - just say "I noticed my interest rate is extremely high and I'm wondering if there is some way to lower that"

Many times they'll just click a button and do it.

You can always pull out the trump card: "Well that's unfortunate. I'm going to have to go with a different credit card and pay off this one with that at a lower interest rate. Thanks for your help."

That sometimes gets them to kick it up a notch and pull the "Wait a minute, let me ask my supervisor - there may still be something we can do...."

[RWB]

Good one prime I forgot all about balance transfers lol.... becuase I haven't been able to get another card due to massive student loans :(

[Thrax]

When all else fails: Transfer.

[QCH2002]

Chase is under federal scrutiny for raising rates on its customers. They have been raising rates if you've missed ANY payments from any creditor or if you credit gets dinged for anything. Of course, if you've missed one payment, they raised it for that reason alone.

Ask nicely to have the rate reduced... regardless, jump ship on Chase and get another bank. :)

[RWB]

Yeah well I am using the next 6 months of not having to pay rent or utilities to pay off ever credit card I have. It just seems like it's taking FOREVER to start my new job, it's been like a month for crying out loud.

[Leonardo]

Yeah well I am using the next 6 months of not having to pay rent or utilities to pay off ever credit card I have.Salute, Sir! Smart move.

[Keebler]

Yeah, I've got a Chase card but I don't plan on using it after the 0% interest expires.