@Medic981 wrote:Does anyone have any strategies to sucessfully negotiate a lower CC interest rate other than just calling and asking for a reduction?
While gardening, I have been able to get a few CLIs and one APR reduction. The CLIs are pretty straightforward. Getting interest rates reduced is like talking to bewildered children. Any suggestions or tactics are appreciated.
Instead of requesting an APR reduction for cards with high interest rates, I would recommend applying (especially if your FICO scores are excellent) for a new, credit union card with a low APR. For specific CU issuers with low APRs that are open to new apps, please refer to my earlier post here, and/or check out themanwhocan and his low-APR card chart (post #7 in the link).
