Low interest credit cards, a quick primer
However, you can do something about the interest rate. Whether you have credit cards for bad credit, student cards, store cards, or any other types of credit card that have ridiculously high rates, here is how you can negotiate better credit card terms. The first and best trick to try is merely to call your credit card issuer and ask them for a better interest rate. A national survey found that 56 percent of the time, credit card companies offered lower rates to customers as an incentive to not switch credit card companies if the customers telephoned to say that they had gotten a better offer and were planning to leave. Credit card companies were willing to reduce their annual interest rates by an average of five to six points, and often offered additional incentives like zero percent interest for six months.