Financial weblog Sound Money Tips says that chances are you can lower your credit card interest rate with one simple phone call, especially if you've done your homework.
Before requesting a lower rate from your credit card company, get an idea of your account history (any late payments?), grab your free credit report, school yourself on credit averages, and if you fail... call back. Granted, this may not work out if you've already got a killer interest rate, but either way it's worth a try. According to the post, an unscientific study of this method led to lower interest rates about half of the time. If you're ready to lower your credit card interest rate, head on over to Sound Money Tips for the nitty-gritty.
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