Credit Cards Tips

• Some credit card companies that charge annual fees for their cards will waive the fees if you just ask them. If you already have a credit card with an annual fee, try calling the company and ask them to waive the annual fee. This will make your existing credit card a free credit card!
• When you get an offer for a credit card in the mail, you will generally get a better rate than if you search out the company on your own. This is because you are getting a special offer in the mail. However, you can call and ask the credit card company of the card you wish to apply for if they will give you a better interest rate. Or, ask if there are any promotional offers on interest rates available, such as for the first six months.
• Many credit card companies will not accept applications by fax. This is because there is no way to authenticate your signature of acceptance. With a mail in application, you are providing your original signature. With a phone conversation, your voice can be recorded accepting the card.