Credit Card Interest Rates Negotiable? are you kidding me?

"Did you know that credit card interest rates are negotiable? .. "

You’ve heard the old saying, “It never hurts to ask.” Give this philosophy a try when it comes to getting an interest rate reduction on your credit cards.

According to a study done by the Massachusetts Public Interest Group, more than half the people who petition for lower rates on their credit cards are approved. Most of them get their rates lowered with just one phone call.

If you have time to put in a call to your creditor, you can get a lower rate. It only takes a few minutes.

Here are some suggestions on how to petition for a lower interest rate with your credit card company:

· Be assertive. State firmly the fact that you are not satisfied with your rate.

· Be willing to walk. Let them know you are considering closing your account and taking your business elsewhere.

· Be diligent. If you are not getting anywhere with the representative who answered your call, ask to speak to a supervisor.

Many customers are granted reductions of 4 to 6% in their interest rate. This can save hundreds, even thousands of dollars over time. Considering the amount of money to be saved, it is well worth your time to call your creditors and ask them to lower your interest rate.

And if you are applying for a new credit card, be choosy.you might be able to score an online mbna low interest rate with an offer for an instant mbna low interest rate.

Would you like to apply online for a mbna low interest rate card to see what the lowest interest credit card rates are?

just use the search box below to get your info.

"Wouldnt it be great if there was such a thing as a zero interest credit card? there are... but only at first .. "