jen7233
DIS Veteran
- Joined
- May 1, 2005
That is a terrible interest rate. Some banks though just aren't too accommodating on some of the products, sad but true. Do you still need a card or have a need to keep a balance on the card? To be honest, I pay not much attention at all to my credit card interest rates. I do note them, like I know my USAA card is a bit cheaper than some of my other ones. One thing that gets me annoyed on cards is the times I've had to use MoneyGram, they really seem to get you good on those and then seems like a sneaky extra charge the next statement and the moneygram I literally paid off the next day on the card, and that drives me crazy. But anyway.....I try not to use it at all, but of course, a few family emergencies required it.Ok I've been following this thread for a little bit. I just wanted to vent about my bank. I had a credit card and the interest rate was 23.6% I called to see if they would reduce it and they didn't budge. They said that they couldn't do anything so I said close it. The woman said ok done. I'm just so frustrated because this is the bank that has my mortgage, small loan, second mortgage and where I bank. I haven't been late or missed a payment. I am just disappointed in them.
However, I pay off the balance monthly usually (aside from the moneygram situation I described which I paid immediately). Now, I just happen to be in a situation at the moment where I needed to maintain a balance on a card, sort of like a short term loan to myself. I ended up opening two credit cards with 0% interest for 15 months on balance transfers on one card with no balance transfer fee, and on both cards 0% on purchases for 18 months. Yes, now some might say my credit score will take a hit. I was willing to take a chance on it as I needed to have this option available to me. I can definitely have the balance paid off by the time the promotion expires, I already have one of the balances paid. However, we are about to move and are looking at needing new furniture, and whatever else is coming up with this so I'm glad I have this option at the moment.
When we had our mortgage with our last home we had our cards with Chase, but our mortgage was Nationstar via USAA.