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Reply to "Has anyone successfully negotiated down credit card APR? Tips?"
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[quote=Anonymous]Get a decent offer and then use it as leverage when your talking to the CC rep. Remind them how you pay you balance every month, how you've never late on your payment and bottom line your a good customer ....then mention that CC company X is willing go give you a 7% IR and a $5K credit line. If they can not match it, let them know that you'll bolt. Also, keep in mind that when you're negotiating for a better rate that usually a supervisor i(and/or other reps) are listening in on the call...they mention that the call will (may be) recorded for training purposes which is a way that they can legally listen/record your conversation. You do have options if you donn't get a good rate....good luck[/quote]
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