How to Negotiate Lower Interest Rates and Fees on Your Credit Cards
Research your options: Research different credit card companies and their offers. See what kind of interest rates and fees they are offering to new customers. This information can be useful when negotiating with your current credit card company.
your credit card company:
the customer service number on the back of your credit card and ask to speak to someone about lowering your interest rate and fees. Be prepared to explain why you want a lower interest rate and fees.
Call
Call
Be polite and persistent:
When speaking with the customer service representative, be polite and persistent.
Explain why you want a lower interest rate and fees and be prepared to negotiate. Don’t be afraid to ask for a supervisor if you’re not getting the results you want.
Use your credit card history as leverage:
If you have a history of paying your credit card bills on time and in full, use this as leverage when negotiating for a lower interest rate and fees.
