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Barclaycard OMG!!

SimonD316
Posts: 331 Forumite

in Credit cards
In today's post I had a letter from Barclaycard saying that my APR is going up from 21.9% to 25.9% which isn't the end of the world, but any increase is a bad thing...
No missed or late payments, and well within my limit.
A few weeks ago I read Martin's Credit Card Shuffle guide, specifically
So I thought I would give it a try.
Initially I didn't get much luck, but maybe crucially they couldn't tell me why the increase was happening. So, I sent a 'Secure' message to them from my online account, complaining, and saying I wanted to reduce the APR not increase it. They have just called back, and offered me an APR of 13.9%, cancelled the increase, and credited my account by £20 for the inconvenience!:j
Once again MSE saves me money. Thanks :money:
No missed or late payments, and well within my limit.
A few weeks ago I read Martin's Credit Card Shuffle guide, specifically
- http://www.moneysavingexpert.com/credit-cards/cut-credit-card-interest#1Call up and say... "I need cheaper debt, but I'd prefer not to leave you"
So I thought I would give it a try.
Initially I didn't get much luck, but maybe crucially they couldn't tell me why the increase was happening. So, I sent a 'Secure' message to them from my online account, complaining, and saying I wanted to reduce the APR not increase it. They have just called back, and offered me an APR of 13.9%, cancelled the increase, and credited my account by £20 for the inconvenience!:j
Once again MSE saves me money. Thanks :money:
0
Comments
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wow fantastic news!LIVE SIMPLY * GIVE MORE * EXPECT LESS * BE THANKFUL0
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Well done!0
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Well done, if you don't ask you won't get.0
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Thanks guys!
I had been planning to call and ask for a reduction, but the letter today encouraged things a little!0
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