Cut Your Credit Card Interest Rate In Half In 3 Minutes.

Comments(21)

• 
  fmmp13th February, 2005

  I am going to attempt it .............I have a Providian that I would love to have a lower APR on. Will keep you posted.

• 
  sKauGhTiEe14th February, 2005

  ya it doesnt hurt... its cool watching that video, everyone at the mall went to the pay phone and lowered there rates... that simple

• 
  sergioarreguin15th February, 2005

  Worked for me with all my 3 Credit Cards with Capital One. Actually took longer then 3 minutes but it got the job Done. I simply Read them the Script and they transfered me to there "Retention Dept" and Totally Did what they could to keep me happy.

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  InActive_Account20th February, 2005

  I gotta laugh - I was reading this post as I was on the phone to the CC company - to do just what was mentioned (again).
  
  I was able to go from 9.9% to 2.9% for the life of the balance.
  
  Took 20 minutes, but worth it - saved $100 a month.
  
  [ Edited by hoober on Date 02/20/2005 ][ Edited by hoober on Date 02/20/2005 ]

• 
  sirjenia20th February, 2005

  do they check your credit in order to do that?

• 
  InActive_Account20th February, 2005

  I really doubt they would - I believe they are required to tell you if they are taking a hard pull. I would ask just in case. Good luck!

• 
  MikeT101322nd February, 2005

  Thanks to whoever started this topic and posted the links.
  
  I called Citi Cards and they said my current rate was 11.49% and that they could not, offer me a lower rate, however, they could send me checks to write on the account instead of paying by plastic (11.49%) I could just write the checks and I would be paying... drum roll please
  
  0% APR
  
  They said they would send me 3 checks on the account.. Three I said.. I would like 10 checks to write on the account..."Sure Mr. T, 10 checks it is, please allow 30 days to receive the checks and thanks for calling Citi cards"
  _________________
  
  
  [ Edited by MikeT1013 on Date 02/22/2005 ][ Edited by MikeT1013 on Date 02/22/2005 ]

• 
  dontaskwhy23rd February, 2005

  MIKET!!!!!!
  
  BE AWARE>>>>> Those checks with have a service charge on them!!! Normally up to $50 per check just to use them. THEN, once you use them, any payments you make on the card will go toward the 0% portion and whatever you had on there before will keep growing with the 11% interest.
  
  I WOULD NOT DO IT.
  
  My bank sends me these checks all the time.

• 
  InActive_Account2nd March, 2005

  I agree with Don - not smart to just write checks and add more debt. The "Hey - I got checks - lets use them." mentality is falling right into the credit card companies hands
  
  I have used them to pay off other credit cards - but I was making a 5-10K check and transfering the balance from another card - the $50 fee is a small price to pay for that kind of money transfer. However, if you are just planing on using them at sears...I would never do that.

• 
  TNproperties29th January, 2006

  hello all.. new guy here. sorry to bring up old topic..but does anyone have link anywhere else? It seems to be down.
  
  thx
  [addsig]

• 
  sKauGhTiEe29th January, 2006

  http://kutv.com/consumer

• 
  sKauGhTiEe29th January, 2006

  sorry, here is another consumer story just like the one we were talking about awhile back
  
  http://kutv.com/consumerwrapper/local_story_320232634.html
  
  
  .

• 
  d_random29th January, 2006

  I would advise to NOT close any credit cards, it will lower your FICO score.

• 
  sKauGhTiEe30th January, 2006

  Right, even if you keep 10 bucks on it, make sure all credit cards have a balance, just a very low balance.

• 
  TNproperties30th January, 2006

  yea, we got these cards a while back when we started out.. Now with 2 mortgages in excellent standing and a 720 middle score, i would like to pay down these cards and maybe keep a 0 balance on them, raise the limit, and then apply for a capital one rewrds card which i will use.

• 
  d_random30th January, 2006

  The best info on credit card debt (etc.) can be found at www.creditboards.com.

• 
  TNproperties31st January, 2006

  the 2 links below it work but i dont think its the actual topic one. i would like to see the video everyone is talking about...

• 
  sKauGhTiEe31st January, 2006

  http://kutv.com/consumerwrapper/local_story_320232634.html
  
  go there and click on the video next to the article

• 
  jaygomez31st January, 2006

  The link is out of whack, can you please repost the link?
  Thanks,
  Jay

• 
  jaygomez31st January, 2006

  Got the link ! Thanks!

• 
  jaygomez31st January, 2006

  Got the link ! Thanks!