Lord the rate on my cards is about 29.9% with excellent credit. And I am talking AMEX cards.
My credit union Visa card was 6.9 the other day. Why do people use AmEx Citi …. They are crooks. Join a good credit union.
You need better cards! My worst rate is 18.5%, Capital One
My main card just raised my rate from 7.49 to 8.49
You may need to call your card company and ask for some free lube packets, or something
Amex must be worried about your total (all sources) debt.
Sounds like they are "encouraging" you to pay down your Amex balance first!
I just checked my Visa card rate - a modest 13.74%. I am almost embarrassed.
Since I pay my whole balance every month, they are probably trying to lure me in.
Highway robbery, albeit legal. My wife ha never missed a payment on her AMEX and she was being charged 29.99% on her balance.