Well, this is new - my rate changed....

iVillage Member
Registered: 09-28-2007
Well, this is new - my rate changed....
1
Thu, 11-27-2008 - 11:49pm

...for the better?! I hadn't used my Amex since January. Been paying the minimums or slightly more, on time always. A few months ago they lowered my credit limit. So now my balance is about $700 below the limit; not ideal, but those are the breaks.


I looked at my statement this month. My APR went from 12.99% to 12.48%. It's a small dip, but every little bit counts. I'm just wondering what this

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iVillage Member
Registered: 02-16-2004
Fri, 11-28-2008 - 8:17am
hmm...I'm not really sure what AMEX is doing. They just raised our rate from 9.99% up to 12.99% and we've never missed a payment. In fact, we had been snowballing everything toward paying them off until our car woes of late....so they are now at about $1890 (down from almost 10000 last year at this time...). I am mad they raised our rate.