How To Ask Your Credit Card Company For A Lower Interest Rate
The Short Version
- 83% of credit card holders who asked for a lower interest rate got one.
- The call takes about 10 minutes and costs nothing.
- Nobody is promised a yes. If they say no, there is a second call to make.
Can You Really Just Ask?
Yes. Your credit card company can change your interest rate when you ask. Most people never ask, because nobody told them they could.
What Do You Need Before You Call?
Your statement, your current interest rate, and roughly how long you have had the credit card. Call the number on the back of your credit card.
What Do You Say?
I wrote the call out word for word, including what to say when they say no.
Sent. Check Your Inbox.
The script is in an email from Nadia Fixes Money.
Not there in 2 minutes? Look in spam, then mark it Not Spam.
Check your inbox. Your Casefile is open. Confirm from nadia@nadiafixesmoney.com and Promise 1, the Creed, is waiting.
Next Steps
- See what your credit card is costing you in the payoff calculator.
- Get the script and make the call.
- Take the 1 minute quiz: Which Stage Are You In?
Questions People Ask
Will asking hurt my credit?
Asking for a lower interest rate is a request to your current credit card company. Ask them whether they will check your credit before you agree.
What if they say no?
Ask for a supervisor, then ask about a hardship program. The second script covers both.
Source for the 83% figure: LendingTree survey of 2,050 U.S. consumers, May 2025.