Four things your credit card company will do if you ask !

I've always paid my entire credit card off each month. It was something my mother stressed over and over again. Have a I been late on a payment before, yes. BUT it was because I forgot and missed the date. I saw this list, and I'm definitely going to call about the annual fee and the lower interest rate! 

According to a new survey, here are four things your credit card company will usually do for you if you just call them up and ask:

  1. Waive a late payment fee.  Only 25% of us have asked, and it worked 87% of the time.  You just can't do it all the time.
  2. Up your credit limit.  28% of people have asked, and it worked 89% of the time.
  3. Lower your interest rate.  19% of people have asked, and it worked 69% of the time.
  4. Waive their annual fee.  Only 11% of people have asked for it.  51% had it waived, and another 31% ended up paying a lower fee.  So that's an 82% success rate.


The survey did find it's a little harder for YOUNG people to get a yes on all that stuff.  But once you hit your mid-to-late 20's, your chances go way up.  

93% of people between 27 and 36 who've asked for any of those four things have gotten a yes at least once.


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