Lowering EGG APR??

ancasta_2

Has anyone had success in asking Egg to drop their APR??

I'll have a mooch on over to the Credit Card board but thought i'd ask here too as im sure someone must have had experience of it?

Thanks

hypno06

Despite my finances being better than they have been for many years, Egg have just put my rate up by 5%!!

Needless to say I have been "in correspondence" with them over this but they will not budge.

The letter I got on Saturday says that my complaint is thrown out so I can go to the Ombudsman if I want. So that is exactly what I am doing today.....:D

Good luck!

ancasta_2

Thanks Hypno and good luck!

I had wrote to Berk-lay card and had my own APR reduce by 1% but i didnt push for more as i was about to pay off the balance.

Hoping to get OH's balance down to something a bit tastier, instead of having to card tart which is the last thing we want to do

Broken_hearted

I got 3% of my Barclaycard rate.

ancasta_2

Well im hoping Egg lower OH's APR, i no longer have my Barclaycard so theres no point going for another lowering on that.

Kept the account but no card... no spend!

saffronflowers

I really want to do this - ours is 21.7% - is this typical or a bit OTT

SFx

ancasta_2

Its high, but i wouldnt say it was excessively high

sammiboo

Hi there ancasta.

Egg reduced my credit card from 16% to 5.7% :T

This wasnt intentional on my behalf, I had some money on my horrible barclay card and they were offering 0% for 6 months, so i thought i might as well get my money off the egg card and get it on the barclay card for 0% for 6 months. In order for my to get the whole balance for 0% on both cards, I needed to move my barclay balance on the egg and transfer the whole lot back onto barclays.

I Phoned up egg, was being honest - i told them i wanted to increase my limit so i could get the barclay balance on there and move the lot over.....

The advisor i was speaking to went very quiet

He asked if i could hold the line and he would see what they can offer...

He got back to me and offered 5.7% for the life of the balance including the barclays with free transfer

So now i am paying 5.7% and have been doing for a year. Its worth a try!!!!

Good luck!

ancasta_2

Thanks Sammi, will get OH to get on to them to see what they can do for us.