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wildkat5

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Decrease the interest rate IIf the interest rate starts at 23% does iit decrease over the years?

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Not likely.  But a good credit history over time may get you the opportunity to get a card with a lower interest rate.  How to do it is explained in the articles on this site and this information has really benefitted me!  It can benefit anyone who takes the time to read and learn about credit.

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Credit card companies aren't going to do that on their own. You can alway call and ask for APR reductions.

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AmEx granting it fairly on regular bases, many people have their AmEX card's insterst down to single digits. Barclay will do it but reluctantly, you might have to cal back few times and you need to get past their front line CSRs, to get transfer to different dept. I have not heard CapOne doing it.

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