Can you contact your credit cards and ask for a better interest rate?

We%26#039;ve been paying our bills on time for the past few months and have raised our credit score a great deal. Can I call the cards that have a high interest rate and see if they can lower them? Or will they not do that? Thanks.

Can you contact your credit cards and ask for a better interest rate?

You absolutely can... they usually say no until you play hardball. Tell them if they don%26#039;t lower the rate that you have an offer from another CC company that will give you 0% for a year. Tell them there is nothing stopping you from moving your business to this other company if they don%26#039;t lower the rate. Once they hear they might lose you, they will break.

Can you contact your credit cards and ask for a better interest rate?

Yes- Just call the 1-800 # on the back of the card and ask . How can lower my rate? It%26#039;s way too high !

Can you contact your credit cards and ask for a better interest rate?

I have only ever encountered one company who would not do it for me. All you can do is call and ask, most of the time, they should be more than willing as long as you are willing to give up some of the features your cards may have.

Ie: I had a GM Visa that gave a percentage of my purchases towards a new GM car. I was paying 18.9% interest, when I asked them for a lower rate card, I got a 10% interest rate, but of course lost the ability to put any money towards a new car. Not a big loss in my books cause they only allowed you a maximum of $2500 towards the car anyway.

It is worth the phone call, just do it.

Can you contact your credit cards and ask for a better interest rate?

Yes you can contact them and ask to be put on a lower rate, they don%26#039;t have to put you on a better rate.

I suggest transferring the balance on to another card with a lower rate and no fee for transfers, this should give you another 30 days extra to pay of the amount you owe and you will be on a lower rate.

You need to shop around for a better credit card alot of on line ones give you good rates. Transferring the debt to another card can sometimes be the only way to get a lower rate of interest.

Hope that helps

Can you contact your credit cards and ask for a better interest rate?

They might say %26quot;no%26quot;, but you won%26#039;t know unless you ask! A good way to approach them is to tell them you%26#039;ve always been happy with them, but you%26#039;ve been offered a lower rate by %26quot;someone else%26quot;...

Can you contact your credit cards and ask for a better interest rate?

You%26#039;ve gotten some good advice so far, but I wanted to add that if the first person says no, ask to speak to a supervisor. Don%26#039;t just accept the first person%26#039;s negative response.

Can you contact your credit cards and ask for a better interest rate?

Sure you can. I%26#039;ve done it a few times, but be aware it always depends on the particular economic environment at the time. They may or may not be able. Just tell them, %26quot;I would like to make sure I%26#039;m getting the lowest interest rate that I%26#039;m eligible for.%26quot;