Credit card interest rates are high, but you might be able to score a lower rate just by asking, or following one of these other tips.
Reducing the interest rate charged on your credit card balance is the first step to getting out of debt. Learn techniques to become debt-free.
There are several ways to lower your credit card interest rate, including by calling your card issuer to negotiate a lower rate.
Rather than wait for a modest adjustment in the months ahead, borrowers could call their card issuer and ask for a lower rate, switch to a zero-interest balance transfer credit card or...
The cost of borrowing money can skyrocket when using a credit card over other types of loans. Paying some fee to borrow money for longer than a billing cycle remains unavoidable in most circumstances and we always recommend paying your balance in full each month to avoid incurring any interest. But for those who need to carry a balance, interest rates can seem less like an inconvenience to avoid and more like a major budget line item to account for. Cards with high 25% to 30% APRs make carrying ...
Table of Contents ; What to know before asking for a lower credit card interest rate ; How to ask your credit card provider for a lower interest rate ; Alternatives to consider ; What is a good credit card interest rate?
It’s a good thing to know how credit card interest works. Once you know how it’s calculated, you can make better decisions with your own credit cards and save money.
If you want a lower interest rate, call your issuer and be prepared to negotiate. Learn how to do this and what the alternatives are.
To learn how to lower your credit card interest rate, build your credit, find new credit card offers and understand the credit card company’s perspective.
Some scammy debt relief companies promise to get you a lower credit card interest rate, claiming they can save you thousands of dollars.