Comments on: How To Get A Low Interest Rate APR on Credit Card Debt http://www.bargaineering.com/articles/how-to-get-a-low-interest-rate-apr-on-credit-card-debt.html personal finance blog with anecdotes, advice and commentary. Sun, 12 Feb 2012 23:30:41 +0000 hourly 1 By: Wilma http://www.bargaineering.com/articles/how-to-get-a-low-interest-rate-apr-on-credit-card-debt.html/comment-page-1#comment-332170 Wilma Sat, 28 Nov 2009 23:49:47 +0000 http://www.bargaineering.com/articles/?p=5442#comment-332170 I've played the 0% interest transfer game going on 5 years now and I've found it to be well worth it. you must use it wisely though and make your payments on time. I've purchased several high ticket items this way. It's nice to see a balance go down when you send in money. I’ve played the 0% interest transfer game going on 5 years now and I’ve found it to be well worth it. you must use it wisely though and make your payments on time. I’ve purchased several high ticket items this way. It’s nice to see a balance go down when you send in money.

]]> By: Izalot http://www.bargaineering.com/articles/how-to-get-a-low-interest-rate-apr-on-credit-card-debt.html/comment-page-1#comment-332125 Izalot Fri, 27 Nov 2009 14:12:49 +0000 http://www.bargaineering.com/articles/?p=5442#comment-332125 If a credit card company closes you for asking about getting a better rate then it's time to move on to a better company. If the company is that draconian in their business practice what else are they doing? Although, I would venture to say that most readers of this blog probably pay off their credit card debt monthly and high interest rates are moot. I say show me the credit card with the best reward structure! If a credit card company closes you for asking about getting a better rate then it’s time to move on to a better company. If the company is that draconian in their business practice what else are they doing? Although, I would venture to say that most readers of this blog probably pay off their credit card debt monthly and high interest rates are moot. I say show me the credit card with the best reward structure!

]]> By: eric http://www.bargaineering.com/articles/how-to-get-a-low-interest-rate-apr-on-credit-card-debt.html/comment-page-1#comment-332076 eric Thu, 26 Nov 2009 02:43:23 +0000 http://www.bargaineering.com/articles/?p=5442#comment-332076 It definitely isn't as easy as it used to be to find good balance transfer options. The days of 12 or 15 months 0% APR with no transfer fees are long gone... It definitely isn’t as easy as it used to be to find good balance transfer options. The days of 12 or 15 months 0% APR with no transfer fees are long gone…

]]> By: Dylan http://www.bargaineering.com/articles/how-to-get-a-low-interest-rate-apr-on-credit-card-debt.html/comment-page-1#comment-332058 Dylan Wed, 25 Nov 2009 18:38:08 +0000 http://www.bargaineering.com/articles/?p=5442#comment-332058 "Before you apply for a low interest rate credit card, try calling your current credit card issuer and asking for a lower APR. If you have been making regular on-time payments, there’s a possibility your credit card will just lower your interest rate. Since it costs you only your time to make the phone call to ask, I don’t see why you wouldn’t want to try this first. If they won’t budge, be persistent and say that you see better credit card offers available and you’re thinking about transferring your balance. The worst thing they can say is “no” and you lose nothing except a bit of time." Jim, I've heard from several people about having accounts closed by the issuer or credit limits lowered as a result of asking for a lower rate. So, they can do worse than saying "no," and it may cost more than the time to place that call. It didn't used to be this way, but I think banks are more on edge lately. “Before you apply for a low interest rate credit card, try calling your current credit card issuer and asking for a lower APR. If you have been making regular on-time payments, there’s a possibility your credit card will just lower your interest rate. Since it costs you only your time to make the phone call to ask, I don’t see why you wouldn’t want to try this first. If they won’t budge, be persistent and say that you see better credit card offers available and you’re thinking about transferring your balance. The worst thing they can say is “no” and you lose nothing except a bit of time.”

Jim, I’ve heard from several people about having accounts closed by the issuer or credit limits lowered as a result of asking for a lower rate. So, they can do worse than saying “no,” and it may cost more than the time to place that call. It didn’t used to be this way, but I think banks are more on edge lately.

]]> By: CK http://www.bargaineering.com/articles/how-to-get-a-low-interest-rate-apr-on-credit-card-debt.html/comment-page-1#comment-332057 CK Wed, 25 Nov 2009 18:33:04 +0000 http://www.bargaineering.com/articles/?p=5442#comment-332057 Talk to your credit union if you are a member as well. Talk to your credit union if you are a member as well.

]]> By: zapeta http://www.bargaineering.com/articles/how-to-get-a-low-interest-rate-apr-on-credit-card-debt.html/comment-page-1#comment-332056 zapeta Wed, 25 Nov 2009 18:32:45 +0000 http://www.bargaineering.com/articles/?p=5442#comment-332056 Also note that if you do transfer a balance, you will end up paying 3% to 5% as a balance transfer fee in a lot of cases. That can eat up a lot of the interest savings so run the numbers before you transfer a balance. Happy Thanksgiving all! Also note that if you do transfer a balance, you will end up paying 3% to 5% as a balance transfer fee in a lot of cases. That can eat up a lot of the interest savings so run the numbers before you transfer a balance.

Happy Thanksgiving all!

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