Whats the best way to lower my credit card interest rate?
It’s simple, call the credit card company and ask them for a rate reduction. If you’ve been good about paying your credit card bills on time and not maxing them out or going over the limit, then you’ll be in a much better position to ask for an interest rate reduction. The bottom line is that credit card companies don’t want to lose your business. So if they have to lower your interest rate by a few points to keep you as a customer, they usually will do so. Always remind the creditor that there are other companies who want your business and have them look for ways that they can keep you as a customer. They may even offer fee reductions or waivers as a way to keep you satisfied.
