How to Get a Credit Card Interest Rate Decrease

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Many people have had the same credit card for years, always paid on time, and never got an interest rate decrease. However, in most cases, these people don’t know the key secret… You must ask!

How to Get a Credit Card Interest Rate Decrease

Think about it; when you’re making a tidy return off an investment every month, are you inclined to offer to take less? Neither are credit card issuers. However, they sometimes will; especially if they think you’re about to move your account to a competitor.

Naturally though, there are certain parameters you’ll need to meet before you inquire. So, here’s how to get a credit card interest rate decrease.

1) Know What You’re Dealing With

Before you contact your issuer, check your credit score to make sure it’s good. Most rating agencies consider a 700 or above admirable. If you’re rocking an 800 or better, your . . . → Read More: How to Get a Credit Card Interest Rate Decrease