Lower Credit Card Interest

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Want Lower Credit Card Interest

This just within: there may be a way to get lower credit card interest, an easy method so stunningly easy, so startlingly outstanding, it’s no wonder the economic wizards didn’t think of it sooner. Now slim in close and listen up, because this stellar method for getting reduce credit card interest will bump your socks off. Are you ready Here it is:

Request.

What do you imply, a one word reply is cheating Fine, try this: if you want reduced credit card interest, ask for that. Seriously. Call your credit card company and ask whether they can give you a lower rate of interest. 7 or 8 times from ten, they’ll actually give it to you. Credit card businesses need their customers, specifically their good ones, to keep them in business. And if looking at a choice between creating a little less income or making not one at all–many credit card companies will choose the latter, supplying you with lower credit card interest rather than risk losing you to another company who’ll.

Of course, there are things to keep in mind. (Aren’t presently there always) Long time customers who pay when they’re supposed to and don’t supply the credit card companies any hassles are more likely to get their interest rates cut, and cut lower, just for the actual asking, than somebody who regularly pays just the minimum, or doesn’t quite get payments altogether, or perhaps is constantly calling in order to complain about a few aspect of their costs. But in general, particularly when you’re a good client that they want to hold on to, just request, and ye shall get.

If you’re prepared to switch credit card companies if they will not give you a better rate, the chances improve drastically. Don’t make the threat unless you actually plan to go through with it–but should you have had been thinking about transforming companies to get a reduced credit card interest rate, anyway, you will want to call the company you’re with and see when they are willing to match–or even beat–the company you’re thinking of switching in order to

Comments: 84

  1. Gene July 29, 2013 at 2:55 pm Reply

    I’m trying to build my credit. I recently turned 18 and I want to apply for a reliable, low-interest rate credit card. Which one would you recommend from experience?

  2. Ahmad September 15, 2013 at 9:28 pm Reply

    I am looking for a website to find low interest rate credit cards with fixed rates and no annual fees? Are their any suggestions as to where to look on the web for these companies?

  3. Lucio October 5, 2013 at 10:13 pm Reply

    I have used an online credit card calculator and I would like to know how it was worked out. My Balance is £770 and the interest rate is 18.5 APR. How much will my interest be if I pay £100 a month? Please show me how you calculated this. The minimum payment percentage is 5% of the balance on this card. The online credit card calculator worked out £56.13 if I pay £100 a month. I would have 9 months to pay a total of £826.13 off.

  4. Rozella October 18, 2013 at 5:37 am Reply

    I currently have a 17.99% APR credit card. I’ve had it for almost a year now. 11 months to be exact. I want to go to a lower interest rate card. Does anyone know a good low interest rate card?

  5. Cristobal October 24, 2013 at 5:10 am Reply

    I requested a new credit card with a lower interest rate than my two cards now with the intentions of paying off the two cards with my new card. The new card credit limit is not enough to pay off the other two, however, so I don’t want it anymore. I requested it online, was “approved,” and just received it in the mail today. What will happen if I just throw it away without activating it?

  6. Mohamed December 27, 2013 at 6:09 am Reply

    I was phoned by Credit Services, phone out of Miami Fl who for a fee of just over 600 dollars said they could negoiate for lower interest rates on my credit cards. I hope this is for real.

  7. Keith January 14, 2014 at 6:11 am Reply

    I am interested is possibly transferring my balance from a fairly high interest credit card to either a lower interest credit card or loan. I’m not sure which would be better as I would just like to pay off this debt and be done with it. Is there any difference on my credit with either choice or is one better than the other in my situation?

  8. Quiana February 21, 2014 at 3:28 pm Reply

    What is the best way abouts trying to get a better APR on a credit card? Should I just call customer service?

    I have 2 credit cards – both with a zero balance, but one has a 10% less APR than the other. Given the fact that I was/am a faithful customer of the lower of the two, I could probably even plead with them as well – but I’d like to get the higher one down to something more reasonable.

    I don’t typically use my credit cards, so if I were to use one it would be the lower interest card, AND I wouldn’t carry the balance for hardly any time at all – but as I said, I want to the higher of the two to be more reasonable.

    How do the good customers make requests like this?

    Thank you.

  9. Hoyt February 22, 2014 at 6:05 am Reply

    I’ve never been a fan of credit cards, but I’m getting myself an emergency credit card just in case. I’m looking for the card with the lowest or ideal interest rate and I was wondering what interest rates are considered low?

  10. Eldora March 2, 2014 at 4:11 pm Reply

    Are there any credit cards available that offer a low (3 – 7%) interest rate on the life of the balance transfer without a transfer fee? Discover offered me 9.99% but I have been with them for 10+ years.

  11. Belia March 2, 2014 at 4:11 pm Reply

    My mom said something about combining all credit cards into one? I currently have credit cards with 1FBUSA (I owe almost $4,000), Capitol One (I owe $960), and Best Buy HSBC (I owe $450). Capitol One and Best Buy do not give me problems. 1FBUSA always asks if I have a job and their information for contact. Currently, I am a college student that recently moved to study in California. My other job in Virginia let me go for an incident that I didnt do so right now I am studying in California with a job that is not giving me enough hours so i am looking for another one. What will my credit card company do if I tell them that I don’t have a stable job and want to lower my interests?

  12. Bailey March 3, 2014 at 6:35 am Reply

    I have several credit cards and have become delinquent by 2-6 months on all but one. I had been using my credit cards when there was a problem with my pay at my job and for 2 months I had no income. About 3 months after I begin receiving pay again, I was laid off of my job. I then was stuck with my credit card debt from not getting paid with very minimal income to pay them with. My interest rates are all around 23-29.

    What is the best way for me to get back on my feet with these, be up to date, lower my interest rates, and start to get out of debt. PLEASE HELP!!! I don’t know what to do!!!

  13. Britt March 4, 2014 at 6:55 am Reply

    my current credit card is 16.99% i hate such a high interest rate any suggestions?? thnaks

  14. Rochelle March 4, 2014 at 10:34 pm Reply

    I have cut up my cards, but paying way too much in interest. Can’t affors the payments.

  15. Enoch March 7, 2014 at 12:12 pm Reply

    how come my credit card interest rates are not falling, when fed interest rates are going down

  16. See March 8, 2014 at 11:37 pm Reply

    My boyfriend is trying to get a credit card to build his credit. Right now he has no credit, so are there any credit card companies out there that have low interest rates?

  17. Irwin March 9, 2014 at 9:08 am Reply

    I’m a college student and I’ve never had a credit card of my own and I would like to get one not to go crazy with it or anything, but to start building my credit. I don’t want to get the first credit card they offer me but I want to get one that has the lowest interest rates. What are considered low/high interest rates? Student credit cards? Any tips or a website that can tell me to easily avoid debt although I plan to have it only as an emergency card?

  18. Lonnie March 10, 2014 at 1:31 pm Reply

    Several years ago I developed a chronic medical condition,lost my job & was unemployed several years. I used my savings to pay my credit cards until I missed 2 payments in a row. I contacted the credit card company, worked out a deal to pay them back.
    I am now employed, current on my bills & have been for several months even though they are charging me an usurious interest rate 29.95% I believe. I have not used this card since several months before my missed payments. I contacted the card company to lower this amount but they refused.
    What are my options?

  19. Jason March 13, 2014 at 11:07 pm Reply

    My husband and I have always paid off our credit card the same month it was used so we’ve never had to pay interest on anything. Well, recently we’ve had some stuff come up and we had to put some things on our card and it will take about 6 months to pay it all off. We’re paying 15% interest on our card and want it lowered. Couple questions:

    -Should my husband call, or should I? Is being guy or girl better in this situation?
    -Should we ask for a REALLY low rate or NO rate for a 6 month period (like credit cards usually do when you first sign on with them) or should we ask for a standard lower rate? We anticipate getting out of debt no later than 6 months, and don’t believe we’ll get into debt again.
    -Should we threaten to change companies? We’re with American Express.

    Thanks for any help!

  20. Ruth March 14, 2014 at 3:19 pm Reply

    My wife opened up a few credit cards that I was not aware of and they have really high rates, I can not afford to pay them off right now, so how can I get a lower interest rate or what are some tips to deal with this?

    No need to comment on my wife, I am furious enough as it is.

  21. Chantelle March 15, 2014 at 5:28 am Reply

    I’m going into college and looking for a card to build my credit history and help me get loans. So far, all the cards I’ve looked at offer interest rates ranging from 11% – 25%. Is there a card out there with lower rates?

  22. Waylon March 15, 2014 at 10:16 pm Reply

    i recently purchased a street bike for my fiance, but i had to take out two more lines of credit to finance it.(worse mistake of my life) because one card has 24% interest and the other has 22% and both cards are around $7000.00 – $8000.00. we pay extra every month but it doesn’t even make a dent.HELP!!! do I just call the creditors and ask them to lower the interest? does it even work that way? the creditors are HSBC and GE Money Bank.

  23. Lesley March 16, 2014 at 1:23 am Reply

    We have closed the account and always pay more than the minimum balance every month but this bill is killing us. I was told that asking for a lower interest rate was possible but they refuse to help us out. We only owe something like $800 now but we have paid for it 10x over by now, if not more. Is there something I need to say specifically to get them to lower the rate; do I need to use certain terminology? THANKS!!!

  24. Cruz March 16, 2014 at 6:53 am Reply

    Right now it’s about 6%. Bank of America is telling me they can’t go any lower…. is he wrong and is there still room to negotiate? My credit score is above average and I used to get all these 0% card offers…. but not anymore due to the economy. Yet, can I still try to get BoA to reduce my rate on my credit card with them?

  25. Alene March 16, 2014 at 4:06 pm Reply

    I want to transfer my current balance to a new card. Where can I find a credit card with a low APR, no annual fee, and a low penalty change on APR if, by chance, I would be late on a payment?

  26. Clorinda March 16, 2014 at 11:43 pm Reply

    I opened my chase credit statement and found the interest rate at 31 % avg. is 15.24% is this what you get when your payment is never late and I always always pay more then the minimum so say the minimum payment is 125.00 I pay 300.00 per month so why the high rate ? I have called and asked them to lower it and they just won’t. What should I do ?

  27. Ranae March 17, 2014 at 3:19 pm Reply

    I do not want to get rid of the card because it’s one of my oldest and I know that the longer the amount of time you have a credit card in good standing looks good on your rating…BUT I have a 29.9% interest plus a $50 yearly fee on that card that I want to eliminate.

    What is the best terminology to use when trying to force the company to lower my rate? I have already told them that I will close out the card immediately, which I can do but don’t want to. So how did you successfully get them to lower your percentage?
    My creidt is good, a 674. I know that’s not fantastic, but it’s still decent and better then a lot out there. So it’s not bad. They are just playing hardball and I am up for the game, I am just new and would like some advice about how to get them to lower the rating.

    We are trying to buy a house, so having a longer credit history is good in the long run. We are also trying to eliminate debt and get rid of useless cards. There are 2 that I am getting rid of in the next month, completly because of high interest rates and monthly fees, but they are newer and I don’t care about those.

    I am concerned with the lower interest rate cards and the older cards.

  28. Wilbert March 17, 2014 at 11:04 pm Reply

    Is this a smart move? what should I be looking for in the details? better to go through my bank for the credit card or through another party?
    Couple details to add: the new card would only be used to pay off the other cards and would not be used for any other purchases. This is strictly to get rid of some debt and to consolidate to one payment. Would a loan be a better move?

  29. Neida March 23, 2014 at 12:32 am Reply

    Why?

    Will this also hurt my credit score significantly?

    Also, can it ever go back up again?

    This company, Juniper claims that it did so because I have too many new accounts open, and too much debt, which is BS at least on the debt part.

    Are they afraid or something?

    Anyways, I think this is completely rude, and shows absolutely NO faith in the customer. In anycase, they make money off of us, and a higher line means more money spent, and if anything they can make interest off of you.

    SO, why the hell would they, if they had any brains, lower someone’s limit?

    That’s showing a SERIOUS lack of trust.

    Should I just close the account? THe limit is now at a pathetic $250, down from $1000. It’s ridiculous, and this makes me lose respect in the company.

    ALSO, I’ve actually paid in FULL about twice and was on good standing when this happened with them too.

    Can other companies do this too, or does it vary?

    This is just somewhat depressing.

  30. Jame March 23, 2014 at 5:27 am Reply

    Hello i would like to know if someone could let me know of any credit cards with a low interest rate on cash advance (withdrawing and such) and purchases for people with or without bad credit?

    Thank you very much, any information will help my sister out.
    ~Scott
    Oh and please can people only list places i can apply for in Australia, again thank you.

  31. Hilton March 23, 2014 at 5:27 am Reply

    I am a regular user of credit cards but often end up paying high costs.

  32. Ed March 28, 2014 at 1:58 am Reply

    I’m about to pay off 2 almost maxed-out, high-interest rate credit cards: one with a $7450 credit limit @ 32% APR and the other with a $1400 credit limit @ 27% APR. Incidentally, both accounts are now with Chase since they bought out Washington Mutual. When is the best time to call and ask for a lower interest rate, AFTER I pay off the cards? I’m not sure if I even want to keep the cards open after I pay them off. Thanks for your help!

  33. Joelle March 30, 2014 at 7:30 am Reply

    I am looking for a credit card that has $30,000-50,000 limit but with a very low intrest rate
    I currently have a capitol one card and it’s great and all but the intrest is terrible..
    I was going to get one through my bank but I don’t have the funds to qualify to back me..

    And oh yea the reason being as to why I want a card with this limit is because every thing needs to check out your credit score.. applying for jobs it’s 100% guarentee you get the job if you have high credit score and skills but credit along with skills.. not to mention the 1,000’s of dollars for cars to get fixed, the plummer, retile the floor, lawn care guys, it’s all like one time things and I should have it all paid off in a couple of years if I were to max it out.. Just that I don’t want to be paying a crazy intrest rate and end up paying double what I spent if you know what I mean. any ways..

    Please leave some details about the card you recomend… and the intrest rates

  34. Bud March 30, 2014 at 1:16 pm Reply

    Why do credit card companies borrow people with bad credit scores and charge them MORE than those who borrow and have a good credit score? Common sense tells me this should be the other way around but I accept that then we may purposely seek a bad credit score to benefit from lower interest rates so fair enough in that respects but why charge them more? How will that help? What sense does it make because I assume the companies would like to be repayed right so why not make the interest rate affordable to bad scorers aswell?

  35. Yoshie April 6, 2014 at 8:51 pm Reply

    how can i lower my credit card interest when my card is almost maxed out??

  36. Darwin April 10, 2014 at 4:13 am Reply

    How do you negotiate with credit card companies so that I can get my monthly payments lowered and lowering my interest rate.?

  37. Katharina April 12, 2014 at 6:56 pm Reply

    I’ve had only one credit card since I was 18 (so for 10 years) and the interest on it is only 1.313%!

    Obviously I’m not complaining but sometimes I worry that this is an unnoticed mistake on the bank’s part and they’re suddenly going to notice and demand years of payment of unpaid interest……..

    My credit limit was £500 10 years ago and has gone up to £3000 as I’ve approached the limit a few times. My balance is currently eeking up and up to nearly £1000 now. Obviously the low interest is fabulous but should I be worried??

    Chalice
    Oh of course! Duh! Course it’s the monthly rate. Thanks Malica 🙂

    I’ve asked friends/family and they’ve all just been surprised and jealous – not one person pointed out that 1.313% is not the APR!!

    So like me to see problems where there are none…….

  38. Delma April 15, 2014 at 4:44 am Reply

    Im a student and only have a part time job, but i need to get some tissue removed from my arm. it is considered a cosmetic procedure and i would like to charge it to a credit card and make payments on it.

  39. Lance April 18, 2014 at 2:22 am Reply

    okay, so here’s the situation..

    my credit card is nearly maxed because of certain events in my life which include my mom telling me to pay for things on credit (which i acknowledge is my fault) and now I’m having difficulty paying it down.

    I’m trying to ask my credit card company (chase) to lower my interest rate so I can have some relief and make it easier to pay it down. However, they keep telling me its a random process that they use to select accounts that “qualify” for a lower interest rate and keep bouncing me around.

    My interest rate is 29.99% (I know, its a whopper) all because I missed one payment several years ago and one payment last month because we had an emergency at home and I had to use the money that I was going to pay towards the card to help with the repairs that needed to be done.

    My questions are:

    1. What do I have to do to get them to lower the rate
    2. What are other options are there to help me lower it (I do intend on paying it back and never getting into this mess again)

    **any other info and advice would be greatly appreciated**

    D

  40. Hollie April 18, 2014 at 6:27 pm Reply

    I was thinking about getting a credit card but I don’t know which one is the best on low interest rates I was reading up on the blue credit card by american express is that one good?

  41. Scottie April 19, 2014 at 12:14 pm Reply

    I’m 20 years old and I applied to get my first credit card, because I want to start building good credit. Right now I’m not working, so I know better than to use my card, and I would never spend more than I couldn’t afford to pay back. Here are some details. I’m getting a College Rewards Visa card, because I said I’m a student. I have a $800 credit limit, my variable rate is Prime + 17.74% and the current APR is 20.99%. I guess my only concern is how do I keep my interest rate low? I’ve looked through some answers on here and many people said don’t spend more than 30% your credit limit. So that means I can’t spend more than $240. How can I make sure I don’t rack up interest rates?
    And when people say pay in full, does that mean I pay the full amount I charged to the card?
    Also if I don’t make any recent purchases in a month, I don’t get charged for anything do I?

  42. Emerita April 28, 2014 at 2:45 am Reply

    I don’t know how to get all the data as far as where money goes and all that but can I assume that this is true:

    If the Fed loans money to banks with super low interest rates like 0% to 1% and those banks use some of that in the credit card market with high interest rates like 10% to 30%, doesn’t that contribute to part of the reason why wealth is distributed upward toward the wealth of the nation? If so, couldn’t this be true for any bank who makes all kinds of higher interest loans from money they get from the Fed at interest rates nearly 0% contributing to this redistribution?

    If not, can you point out the flaw in my logic?

  43. Vergie April 28, 2014 at 4:51 am Reply

    I have a VISA credit card through my bank. I called to see if they would lower my interest rate and I was denied. I am paying a 24.5% rate. The representative on the phone said I would have to keep calling back to see if there were any special interest lowering offers; but these offers are never advertised.
    Can anyone tell me what could get my interest rate lowered or how I can find out about these special offers?

  44. Rey April 28, 2014 at 2:09 pm Reply

    There are several CC providers calling me offering 2 types of cards. Which is better, a low interest credit card or a reward credit card? What are the difference anyway? Thanks!

  45. Ross April 30, 2014 at 2:06 pm Reply

    I am looking for a credit card that has low interest, ideally below 10%. Any suggestions and where can I get it?

  46. Dominica April 30, 2014 at 3:39 pm Reply

    I have maxed 2 of my credit card. each at 18% p.a. if i take up a loan at 12% p.a. to settle both credit card & only make 1 repayment towards the loan.. is it worth it? from 1 point of view, its basically creating debts to settle debts. but on the other hand.. it is at a lower interest rate.im confused!

  47. Diane April 30, 2014 at 9:08 pm Reply

    I have a capital one and a chase credit card. I’ve had them for at least a year and i’ve never made a late payment on either. I do have balances on both and was wondering how and if i can request a lower interest rate?

  48. Lanny April 30, 2014 at 9:55 pm Reply

    I’m assuming it’s a telemarketing thing because when I picked up the phone, they told me that I’m elgible to lower all my credit cards’ interest rate to 6.9% if my debt is at least $2,500. And it says to press 1 to speak with someone, or press 2 to be erased. I pressed 1 to and spoke with someone, he said he could lower ALL my credit cards interest rate to 6.9%, then he asked to “verify” my information… that’s where I became susipicious…. What do you guys think? Are there such things?

    I called one of my credit card companies and they said they don’t have such affliation… and that it might be an outside markerter telecompany or some sort… should I believe this “promotion” or it’s impossible?!
    Ok… so they just called be back and asked, “So what did your credit card company say about us?” I told them exactly what they told me, that they don’t have such affiliation to lower my interest rate to 6.9%. He said, “well, then how do we know how many credit cards you have, and how much debt you owe?” I said, “you didn’t, until I told you guys on the phone earlier.” HE HUNG UP. HAHA

  49. Noble April 30, 2014 at 10:04 pm Reply

    I have the Citibank Platinum Dividend (not the Student version) card with a 18.99% interest. I think it is ridiculous to have a 18.99% APR. I have a great credit history although it is rather short (I am 21/student and started this card at age 18).

    I have never been late and I always pay in full so it never really mattered to me. But I feel, after proving myself a responsible credit user for 3yrs, they should cut me some slack. My credit limit goes up every few months (almost $20,000 now) but the APR never goes down!

    I called about it and they said there is nothing they can do now but call again in 2 weeks. This is the only request I’ve made in 3yrs. Should I just dump Citibank and go with another bank? I’m afraid my credit score would go down since this is my longest-running card.

    Advice?

  50. Jacquline May 1, 2014 at 7:01 am Reply

    I need a low interest credit card with no fees but i am a student and have a limited credit history. Which card can I apply for?

  51. Les May 1, 2014 at 7:51 am Reply

    I have $8000 on a credit card with 14.24% and am currently paying 350 a month. I have gotten another credit card with a 10.99%, should I transfer what balance I can to the new card?

  52. Danna May 4, 2014 at 2:20 am Reply

    I have this credit card. I do make timely payment. But sometimes I pay the min. But sometime I pay alot more. Right now my interest rate on my credit care is 17%. I think thats high. If I ask them if they can lower my interest rate would they do it?

  53. Marianna May 4, 2014 at 3:28 am Reply

    I have a credit card with $1900 balance and $3000 limit at 23%. What do I do to lower that? transfer balance? call my credit card company and haggle?…thanks for advice.

  54. Vern May 4, 2014 at 11:19 pm Reply

    Is anyone else doing this? I get many offers in the mail offering 1.99%,1.9% and most recently 0% introductory interest rates on credit cards with terms ranging from 6 months to 10 months. I have already borrowed and payed back 2 loans for 20000 and 50000 respectively and have profited on the interest difference between the intro rate and the gic rate.I never use the cards, dont even carry them in my wallet and intend to snip them up when the introductory rate expires. I arrange pre-authorized payments so never miss a payment which can incur high interest charges. The latest offer is from MBNA canada for 0% and when they told me about the 1% transfer fee I told them to cancel the card as I was not aware of any tranfer fee. 1% of 25000 was 250 bucks. They waved the transfer fee and I now have 25000 of free money for 9 months.

  55. Elmira May 5, 2014 at 9:32 am Reply

    I want to negotiate my interest rate on my credit card. Do I call the bank my credit card it through, or contact VISA?

  56. Cole May 6, 2014 at 10:07 am Reply

    hi, currently have bad credit but wanted to find low interest card for people
    in my situation.

  57. George May 9, 2014 at 6:46 am Reply

    im going to apply for my first credit card so i was wondering which credit card is widely accepted with the lowest interest rates?

  58. Britt May 10, 2014 at 5:36 pm Reply

    I’m looking to apply to my first credit card. The one that’ll accept me has 20% interest rate because I’ve never had one before.

    Now if I buy something for 20 dollars and pay off that money on the same day, will that be charged with the 20?

    Or is the 20 percent only charged after a certain amount of days?

  59. Floretta May 11, 2014 at 1:38 am Reply

    I’m looking for a credit card that I can transfer all my balances onto, about $7000 but to my knowledge most credit cards won’t give you a $7000 credit limit starting off, especially with a low interest rate. Any suggestions?

  60. Frankie May 12, 2014 at 2:33 am Reply

    I am for some reason still confused on this one thing about credit cards. I know there is some 20 day grace period to pay off the amount before interest charges occur but is the 20 days from the date of purchase or from the statement date? Thanks!

  61. Will May 13, 2014 at 8:26 pm Reply

    I need to get $50.00 to put in my checking account. For this particular payment I can’t use a credit card so I wanted to use my Venture Capital card to move $50.00 from an ATM to deposit in the checking account. Does this cause huge interest? I’m looking to see if Venture Capital has some fine print I might be missing. Any help would be greatly appreciated so I don’t make a bigger mistake that’ll cause me more problems.

  62. Gregg May 14, 2014 at 1:51 pm Reply

    Here’s the card I’m using:
    https://www.wellsfargo.com/credit_cards/student/cashback/

    I’m pretty sure this was asked before but I couldn’t understand jargon some people were using.
    So basically I spent 700 dollars using the card, there was a minimum payment of 25 dollars that was posted. I went ahead and transferred $50 to that then the minimum payment disappeared. (I have/had until October 6 to pay the minimum).
    I’m just wondering how come the initial $800 limit hasn’t returned. I just have $150 available credit. Will it return once I pay all the money I borrowed or does it automatically return since I already paid the minimum payment.
    Back to the original question… so when does interest start accumulating? After the due date of the minimum payment (based on the balance i didn’t pay) or is it after 6 months?
    ‘Introductory rates as low as 5.9% – 13.9% for 6 months on purchases.’

    lol thanks

  63. Kerry May 14, 2014 at 8:01 pm Reply

    Do you think credit cards are good for short term or long term financin in certain situations ?

    Do you think credit cards should only be used in an emergency ?

    Should one use credit cards for something he wants but cant afford ? and pay the minimum ?

    Whats the best interest rate or rewards card out there ?

  64. Dorethea May 15, 2014 at 4:34 am Reply

    What’s the fastest way to pay off Credit Debt? Or to get around the interest rate. We are paying $180.00 every month in interest right now. We pay almost $500 a month on the card and it just doesn’t seem like its getting my lower because of the interest.

    I thought about applying for a different card with a lower rate, but due to the high balance vs income I don’t qualify. My credit score is pretty high..over 700.

    Sounds like a last resort, but are the debt consolidator places any help? or just make it worse? Thanks. I always pay my bills, I’m just thinking I will end up paying on this for the next 10 years!

    *The balance got so high because both my car and my boyfriends (he helps pay too!) died so we bought used cars at the same time…that bumped it up to about 6 grand. And then I have two semesters of school tuition on there…so it’s standing at about 9 grand right now.
    We’ve tried cutting costs too.

    Like not eating out
    I ride my bike to school/work. Drive for errands (grocery shopping etc)
    No Cable tv, only net I used for online classes

    I’m not sure how much more we can cut out.

  65. Chris May 15, 2014 at 8:48 pm Reply

    have a credit card debt of $1608, payment due date is september 14th, i know the interest rate of my card is 18.5%
    if i pay only $500 on 14/9,
    what is the amount i have to pay next month?

  66. Tawanda May 16, 2014 at 6:11 pm Reply

    So if I charge something like a couple thousand dollars to my credit card, and I have an APR of 19%, and my monthly payment is something like 20 dollars, does this amount due include the APR, or do they add the APR percentage if you don’t pay by a certain time?

  67. Samatha May 16, 2014 at 6:19 pm Reply

    I want to get a credit card, but every time I start to look, it seems like my basic knowledge of credit cards is wrong.

    When the credit card companies say “Enjoy a 0% Interest* on purchases for 6 months” what does that exactly mean. I know that after that 6 months, the regular APR rate will take affect, but then what does that mean.

    Can I have a credit card and never pay interest even when the APR rate is like 15%?

    I thought that if you payed off your balance in full each month, then NO interest will have to payed, but when reading online I am unsure if that is true.

    I should have applied for a credit card a while ago, but I have always found myself not doing that and paying w/ cash.

  68. Jerica May 16, 2014 at 9:53 pm Reply

    I have a credit limit of 2500. and I’ve spent 1500. and my interest rate is 14.99%. I don’t really need to use my credit card anymore and i just want to pay it off. So my question is What could i do to lower my interest rate? Is that a good interest rate already? Any suggestions on what i could say to get them to lower my interest rate? I’m pretty lost on this one, Any info would help! Thanks

  69. Yevette May 17, 2014 at 6:04 am Reply

    I am looking for a new credit card and I would prefer one with a fixed APR. I’ve found many that have 0% Apr for an introductory period of between 6 and 24 months depending on the specific card and one’s credit score. However, after the introductory period they go into a variable rate. My question is, are there any cards that have fixed APR rate? If so, what are they, and how can I get one?

  70. Marianela May 17, 2014 at 11:57 pm Reply

    I’m looking for no interest credit cards, does anyone know of any good ones? If you can give me a couple options of different no interest credit cards, that would be great! The interest can eat you alive sometimes, so if there are any without interest, that’d be really cool.

  71. Morgan May 18, 2014 at 12:58 am Reply

    I was looking into getting a secured credit card, meaning- I prepay for whatever I will be able to spend; so why is it that they have annual percentage rates for a card that doesn’t even use their money? The definition of an interest rate is how much the borrower will pay on a LOAN- as this is no loan, I don’t understand how this can be applied here?

  72. Tommy May 18, 2014 at 4:46 am Reply

    A person has two credit cards with annual interest rates of 11.9 % and 13.9 % respectively. This month, the total interest for the month due on the balances is $60.55 and the interest due on the first card (at 11.9 %) is $36.75 less than the interest due on the second card. Find the balances on the two cards.
    Balance on the first card at 11.9 % = $
    Balance on the second card = $

    If someone could please help me understand this it would be amazing. I want to see how you do the calculations.

  73. Marian May 18, 2014 at 10:00 am Reply

    Thank you for your interest. I’m looking for a credit card with zero interest transfers. I have good credit. Length of zero-interest period and interest rates after zero-interest period are important. I would also like to hear about other factors I should consider when making a decision.

  74. Trista May 19, 2014 at 11:24 am Reply

    Does anyone rember when natioal credit cards had to give you 30 days before charging interest on purchases? Kindly explained how this worked
    If it wasn’t a requirment,,,, than why did it take federal law to change to current system?

  75. Hipolito May 19, 2014 at 11:58 pm Reply

    Okay, I use 1 credit card. That’s it. It has a 9.9% interest rate(which isn’t too bad). My question lies within the interest of the borrowed funds if not paid off. Let’s say my card has a 3,000 dollar balance, and is due by the 15th. I make a payment of 2,000 dollars a week before the due date. Will I still be charged interest on the remaining $1,000? I only ask because I paid off a 4,000 dollar balance a while back, but the total amount was actually a few more hundred, but even as the due date passed, I was never charged interest for the remaining few hundred I didn’t pay off. How does this work??

  76. Steven May 20, 2014 at 4:07 pm Reply

    I have this idea that I will use my credit card to purchase 20 dollars worth of UltimateBet.com poker money. I will then immediately cash my money out, without losing any to betting. The cash-out I will have put into my checking account.

    I will then have “made a purchase” so as not to have my money charged interest, and I will still get the cash.

    Does this seem logical to you? It should work right?

    Thanks for answering.

  77. Jay May 22, 2014 at 3:24 am Reply

    On reading some the messages today with hearing about balance chasing and interest rates being increased to what I think is outrageous, and people saying they will pay off their balances and cancel their cards. Won’t the credit card companies eventually cause harm to their own companies? It seems to me that people who have been responsible are getting a raw deal and they have had enough. I know the credit card companies will always be there but it seems to me that they are asking for trouble. What do you think?

  78. Laree May 23, 2014 at 12:54 am Reply

    If you take a cash advance on a credit card would that make my intrest rate go up?

  79. Bennie May 23, 2014 at 7:54 am Reply

    Is it possible to have a credit card company lower your interest rate? I have pretty good credit(above 720) and I have never missed a payment. I really need to lower my monthly payments. Is there anything else I could try?

    Thanks

  80. Orval May 24, 2014 at 8:10 pm Reply

    If the 0% balance transfer and purchases is due to finish next month. But i have money still sitting on the card, will this charge me interest?

    I am looking to cut up the card and pay off the balance as i have drawn up a fair debt on the card and would like to get rid of it without the temptation of spending more on it. Also i am looking to meet the monthly payments needed. After following these guidelines would i need to transfer the whole balance to another card to prevent myself being hit with the interest rate or with me paying off the monthly balances and not spending on the card will be not be charged interest?

    Many Thanks

  81. Mario May 26, 2014 at 6:53 am Reply

    Can I transfer my balances to other credit cards with lower interest rates?

  82. Kareen May 29, 2014 at 11:17 am Reply

    I recently purchased a PS3. The total came to $550. I got a Walmart Credit Card to use for it. I have made $300 of other purchases since I got it in June. The PS3 purchase was deferred interest for 12 months…When I pay on the card does the payment go towards the deferred interest purchase or the purchases that would accrue interest?

  83. Annabel June 1, 2014 at 4:54 am Reply

    I want to get a credit card, but I’m an unsure what a good interest rate is. Are there any credit cards that have interest rates in the single-digits? Thanks

  84. Mohammed June 21, 2014 at 6:14 pm Reply

    when does interest kick in your credit card payments? My bill is due on the 26th but I want to go ahead an d pay it full… should I wait.. pay it the dayof… or what ? when would interest kick in?

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