Nobody wants to spend more time than they have to on the phone with their credit card company. However, there are times when it makes sense to reach out.
Here are three questions you should consider asking today:
- Can you waive my late fee? If for any reason you made a late payment, this is a question you should ask.
Many people are under the impression that all credit card companies are “out to get” consumers, but nothing could be further from the truth.
If you have been assessed a late fee, ask to have it waived. You may be surprised to find that your credit card issuer complies.
- Are you able to lower my APR? This is one of the best questions you can ask, because it may be able to save you money down the road if you carry a balance from month to month.
Tip: if you plan on doing this, make sure you have another offer in hand. This gives you a point of discussion as the conversation begins.
- Can you offer me a better rewards program? A simple question that can put a serious smile on your face. Just by asking, your credit card company may be willing to add points to your account.
Just the same as point #2 above, make sure you know what other reward credit cards are offering. You can then use this to your advantage as you negotiate.
If you could benefit by asking one or more of these questions, now is the time to do so. Pick up the phone and contact your credit card company today. You’ll be glad that you did!
Imirpsseve brain power at work! Great answer!