I submitted a PFB close to three weeks ago to see if they could lower the interest rate on my Visa with no response, so I tried CS just for the heck of it. Aside from reducing the annual fee by half (all of 10 bucks), tough luck...they don't have anything to offer, but the nice CS lady said they would probably reduce the rate soon as it's variable (likely another whopping .10 percent ... I'm at 15.40% now), and she said to call back regularly to find out it there's anything available (yeah right, when pigs fly, I'd imagine). 85 months history, no lates, 26% single card utilization, 29% total credit utilization at present (assuming "correct" CL reporting) Sounds like I'm going to have to play hardball with these guys to get anywhere, so what's my next step? Another PFB attempt? Try a bluff with "R"? BT the balance over to something else and say the heck with them? (I'd really hate to lose the card as it's my oldest and has a $3K CL). Any suggestions?
www.planetfeedback.com People can write Capital One at this site to better their terms. If the executive offices don't help, then I'm not sure that "R" can help. It is all driven by computer software. But if threaten to close and they call your bluff and do it, don't worry - lol - they won't really close it anyway!
