In the latter scenario, you may be able to get your card issuer to lower your interest rate. You could also use a balance transfer offer to get an introductory 0% APR for a limited time.

How To Lower Your Credit Card Interest Rate. Audited & Verified: Mar 6, 2025, 3:28pm Libby Sweeney Former Staff Editor. Libby Sweeney is a former credit cards editor for Forbes Advisor ...

Vault’s Viewpoint. With credit card interest rates averaging over 20%, cardholders who carry a balance can rack up quite a bit of extra debt. You might be able to get a lower interest rate by ...

How to Lower Your Credit Card Interest Rate Consumers with excellent credit scores and stellar payment histories have a chance to get a lower rate. But before you start the process, find your ...

Today, card interest rates are higher than ever, with the average credit card interest rate now sitting at 23.37%, according to the Federal Reserve — a considerable increase from just a few ...

Another way you can help convince your credit card issuer to give you a lower APR is by presenting some other credit card ...

2: State your case: Your first step should be to reach out to your credit card company and explain that you’re paying too much in interest and that, due to the pandemic, you need a lower APR.

Yes, you can lower your APR by calling your credit card issuer and asking for a reduction, especially if you have a good payment history. You can also try transferring your balance to a card with ...

You may be able to get a lower interest rate on your credit card by calling your credit card issuer. Updated Thu, May 1 2025. Andreina Rodriguez Associate Reporter, CNBC Select.

The lower your interest rate, the less you’ll pay in interest charges. How to get a card with a low interest rate. When looking for a new credit card with a reasonable ongoing interest rate ...

Vault’s Viewpoint The Costs of Credit Card Interest According to data from Bankrate, the average credit card interest rate was 20.66% as of May 8, 2024. Rates have come down slightly since the ...

During a time of rising rates, you might think it's impossible to get a lower interest rate on your credit card. It's certainly more difficult to get a lower… ...