How I got my Discover rate dropped
Today I was taking a look at my credit report and noticed that my credit score was looking very nice indeed.
I decided to call up the credit card company and see if they would lower my rates on any of my cards. My Discover card currently stands at 20.99% so I spoke to the representative.
She informed me that the rate could only go down to 18.99% right now but that I could call back in two months to see if they had a better rate for me.
She also told me that they could give me 7.9% on balance transfers but I elected not to take advantage of that right now because I had just done a large transfer over to that card.
I was very happy to get the rate dropped, even if it is just two percentage points. The representative said the new rate would be effective from Monday so that is going to help quite a bit.
It might look like a small difference and not something that I should be shouting about…but when you look at having a high balance on the card then you see that even 2% can make a big difference. This will help me to save a little bit of money on the card since I will have less in interest charges every month.
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2 Responses to “How I got my Discover rate dropped”
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[...] I Save Money presents How I got my Discover rate dropped — LuLuGal shares a story about how she called Discover to get her rate lowered. If you owe [...]
I think there’s someone impersonating me on your site. Who’s this “Juan Million” character?? lol.
Anyway just wanted to say that you could so monetize this post using one of the credit card referral programs like the one cleverdude and hustlermoney have.
Just a thought since i know you love to monetize! hehe.
Hugs!
1mil!