So you have a 19.99% interest rate that you pay with your credit card. Will you always pay this interest rate? Maybe some day your credit card company will drop your interest rate because you are such a good customer, fat chance. You can give yourself a chance though if you call them and ask them to lower your interest rate. Most of the time they will, especially if you are a long time customer. These credit card companies want to keep you as a customer and know that you might have better options than them.
If you pay an annual fee for your credit card you can get that waived also. If you pay a monthly participation fee you can get that waived too. Remember everything is negotiable! You are the customer and deserve to be treated right.
Did you get hit with a late fee of $25 or $30. Give them a call right away when you get your bill and ask them if it can be waived. You might want to tell them that you have multiple cards and are looking to see which ones you want to close. This puts you in the drivers seat as mentioned earlier, they want to keep you as a customer.
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