Barclaycard OMG!!

SimonD316

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

Call up and say... "I need cheaper debt, but I'd prefer not to leave you"

- http://www.moneysavingexpert.com/credit-cards/cut-credit-card-interest#1

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:

asparagus1968

wow fantastic news!

bengalknights

Well done!

Treadmill

Well done, if you don't ask you won't get.

SimonD316

Thanks guys!

I had been planning to call and ask for a reduction, but the letter today encouraged things a little!