Just got off the phone with Citi "R". APR lowered to prime + 1.9% (currently 6.65%). I was told to call back after two days to see about a BT offer once the new terms were active in their system.
I told them the truth: I am moving into a new home in a couple of months and I may want to revolve a balance for a while for all of the things I'm going to have to buy. I asked them to lower the APR on my Dividend Platinum Select account and also asked about any balance transfer offers (because they just send you a check you can use for anything). They offered to lower my APR to prime +4.9 and give me a 5.9% BT for nine months. I asked if I could get an even lower APR by switching products. I was told if I switched to the standard Platinum Select account he could give me prime +1.9 but I would have to call back in a couple of days to get a BT offer. I switched and now have two Platinum Select accounts. At 6.65% I can revolve purchases for a few months for big ticket items for my new home if I need to without feeling guilty. I imagine my credit is good enough to get the zero percent offers at most retailers, but it will be nice to have a backup.
Congrats! My move to my new home is also next month. I have only had my P. Select for 7 months and currently have a 0% BT until 2/2003. Do think I should push my luck asking for a lower rate?
