Draft a brief letter making your case.

1. Lower Interest Rate Credit Cards

Sample request letter for interest increase rate information: To: senior manager. National Citizen bank, main branch. New York NY 35094. Subject: information about interest rate increase. Date: 19 March 2015. Dear Sir, I am using a premium credit card issued by your bank with number 98-213-1212-5534-112 for almost 2 years. Dear Teacher Please check my below bank letter. I want to request to bank for reduce their interest rate on my home loan. Please reply with new things. Thanks for in advance. Staring here To, CitiBank A'bad. Your bank and finance company might lower the interest rate for a. If your requests to your lender go unheeded, consider moving to another card with a lower.

Courtesy of USAAThe USAA Rate Advantage Visa Platinum Credit Card has an APR of as low as 9.15% on purchases — one of the lowest interest rates of any credit card. The only caveat: You must be a current or retired member of the military or the immediate family member of a current or retired member of the military to join USAA and apply.Important Pricing: After a six-month 0% promotional period, the regular APR is 9.15% to 26.15% variable. The annual fee is $95 and there’s no foreign transaction fee.Take a look at other options by reading our guide to.

Keep your letter to a page. Start by stating succinctly that you would like your interest rate reduced, and provide the rate you want. In the next paragraph, tell the credit card company why you believe your rate should be reduced.^[24]

Lower Interest Rate Credit Cards

• For example: 'I'm writing because I believe the interest rate on my account should be reduced from 19.9% to 15.9%. My credit card agreement states that my interest rate is calculated based on the current prime rate plus 10.9%. However, the current prime rate is 5%.'
• You can also open with details about your relationship with the company. For example: 'I have been a cardholder for 6 years, and have never had a late payment. During that time, my credit score has increased by 156 points. Because my interest rate was based on a lower credit score, I believe I am entitled to a rate reduction from 22% to 18.5%.'
• If you have offers from other credit card companies, you can mention those in closing. For example: 'While I've had a wonderful experience with Moonlight Bank and would prefer to remain as a customer, Sunshine Savings & Loan has offered me a card with a higher limit and a permanent rate of 16.5%. Unless you are willing to work with me on my interest rate, I may have to consider moving on.'