You Could Lower Your Rate with the Loan Reprice Program
Your financial progress could help you earn a lower rate. See how pricing works.
Rewarding Positive Financial Progress
At BECU, we want to reward positive financial habits. We periodically review your eligible accounts to see if a lower rate may be possible. If you qualify, your rate may be lowered automatically.
How Repricing Works
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We review your account periodically. We look at eligible loan and credit card accounts to see if a lower rate may be possible.
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We check your credit progress. We use a soft credit inquiry to evaluate whether your credit has improved. If your credit score improves and your account remains in good standing, you may qualify for a lower rate.
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We update your rate automatically. If you qualify, your APR may be lowered automatically — no separate reprice application required.
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We let you know. If your rate is lowered, we'll notify you so you can take advantage of your new, lower rate.
What You Can Do With a Lower Rate
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Pay down principal balances more quickly
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Save on the total interest you pay
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Free up money for the things that matter to you by paying off your loan sooner than planned.
Why Reprice Matters
Reprice is one of the ways BECU puts members first. Unlike refinance promotions that ask you to apply, switch lenders or chase a limited-time rate, Reprice is a built-in benefit that may reward your financial progress automatically over time. It's our way of recognizing responsible financial habits and looking for opportunities to return value to our members throughout their financial journey.
Who May Qualify
Members who improve their credit score and keep qualifying accounts in good standing may be eligible for a lower rate through repricing. Eligibility varies by product, and not every loan product qualifies. Reprice is one more way BECU helps members move toward financial health — but it is not a guarantee of a lower rate.
Keep Building Your Financial Health
We're committed to helping you strengthen your financial future. Explore digital tools that can help you stay on track:
- Check your FICO® score for free in Online Banking
- Monitor your accounts and set up alerts
- Explore budgeting and financial wellness resources
*BECU periodically evaluates the credit rating of each member who has a qualified loan with BECU. If your score has improved sufficiently and your account is in good standing, we will look at reducing your rate. With a reprice, your rate cannot drop below the lowest current published rate. Loan products available for this benefit may change at any time, the Loan Reprice program may end at any time, and we may not be able to lower your rate with each evaluation.