Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Learn About Low Interest Credit Cards and other Credit-Cards topics.

How to try to reduce a high interest rate to a low one?

Reduce the interest rate on your credit card

Call your credit card customer service number to ask for a low interest rate on your credit card. If you have paid your bills on time for a regular period of time, they may agree. Although the credit card company has no obligation to reduce your rate, it is in their best interest that you pay them, so they may be willing to work with you.

If you have bad credit, look for a credit card that offers to reward you for regular payments. Some credit cards will automatically lower your interest rate as you responsibly pay your bills over time.

Comments

Nobody has commented on this tip yet. Be the first.

Ask a Question

Not finding the advice and tips you need on this Credit-Cards Tip Site? Request a Tip Now!

Guru Spotlight

Lynda Moultry

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!