How to Ask for a Lower Interest Rate

January 28, 2008 · Print This Article

You’ve heard the old saying… it can’t hurt to ask… And when
it comes to your credit card interest rate, just asking the bank to
lower your rate could save you hundreds, even thousands of dollars.

Below is a video of four people calling their credit card companies to ask for lower interest rates. Of the four, three were successful. So, it is possible to get your interest rates lowered, just by calling.

Is saving a few hundred dollars a year in interest charges worth a few minutes on the phone? Take a listen and decide for yourself…

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