American Express sent me a promotional offer to lower the interest rate on my credit card for 12 months. I don't carry a balance on any credit cards. I can't think of a good reason to accept this offer other than "flexiblity", which isn't very valuable to me at this time.
However, is there any reason not to accept it?
1Eligible purchases made during the promotional period with your enrolled ___________ __________® Credit Card will receive a promotional 6.99% APR for the duration of the promotional period. After the end of the promotional period the APR for these purchases will be a variable rate, based on Prime Rate plus 13.99%, currently 17.24%. The promotional period begins the day after you enroll, and is valid through the following 12 full billing periods. The promotional APR will not apply to any purchases made before or after the promotional period. Eligible purchases do NOT include fees or interest charges, balance transfers, cash advances, purchases of travelers checks, purchases or reloading of prepaid cards, or purchases of other cash equivalents. The Cash Advance APR and Penalty APR(s) still apply to your account as reflected in your Card Agreement.
To qualify for this offer, you must enroll on or before January 31, 2016. Only Card Members invited to participate may enroll. This offer is not transferable. You will not be eligible for this promotional APR if you accept another promotional APR offer from American Express prior to responding to this offer.
To modify your receipt of valuable offers from American Express, please visit www.americanexpress.com/choice.