This is our fourth part in a multiples part series covering some of the things that you should say and some of the things you should not say when you negotiate a lower interest rate on your credit card account. In this fourth section we are going to cover three things that You Definitely Should say.

Finally, we will conclude the series with one of the things that you should never say when you negotiate a lower credit card rate.

What you Should Say

1. Be specific in your request.

If the average rate in the country is $16% and you are paying 24%, ask them to cut your interest rate from 24% to the national average fixed rate of 16%.

Work towards the lowest fixed rate you can get.

4.  Ask for the Details

• If they accept your request or provide you an offer, ask for the specific details of their offer to include:

• interest rate
• fixed or variable
• payment cycle
• number of grace days
• late fee rate
• yearly membership fee

3. Ask them to Waive The Fees

• Once you have these details ask them to waive the membership fees and late fees. If they say no, ask them to waive them this year.

Part 1 in Series - The Right Words to Negotiate a Lower Credit Card Interest Rate

Part 2 in Series - Handy Info Helps Setup Successful Credit Card Negotiations

Part 3 in Series - Good Customers Do not Cry - Negotiating a Lower Credit Card Rate

Part 4 in Series - Three Final Things That You Should Say to Renegotiate Your Credit Card Rate