Nextcard lowered my apr. !!

Discussion in 'Credit Talk' started by Jim, Jan 29, 2002.

  1. Jim

    Jim Well-Known Member

    I have followed with interest the continuing negative financial reports on Nextcard. I believe these reports are all accurate. Last week, I contacted Nextcard and they lowered my purchase apr. in simple terms to...

    12.9% from 15.9%

    I opened my account 10 months ago. I never carry a balance anyway but it never hurts to ask for an apr. reduction.

    My hope is that some reputable large company will buy up Nextcard.

    Best regards,

    Jim
     
  2. GEORGE

    GEORGE Well-Known Member

    Still can't do a BT...wife's finally got reduced to 12.99% from 18.99% a month or so ago...(balance $0.00)...

    Mine still 9.99%...sending $900 + payments...

    Could BT it away IMMEDIATELY if necessary...
     
  3. Jim

    Jim Well-Known Member

    Hi GEORGE !!

    No BT for me either. Nextcard said that they are not doing them right now. I asked for 9.9% fixed with no BT fee to match my Cap One Platinum terms.

    I received the 12.9% for purchases. I did not even bother to read what my cash terms are as...

    I never borrow cash.

    Also, I have nothing much to BT.

    You and Lizard should keep us posted on Nextcard. Maybe they will be bought by a more prestigous company.

    Congrats to Mrs. GEORGE

    Jim
     

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