My place to talk about secured credit cards
A national survey found that 56 percent of the time, credit card companies offered lower rates to customers as an incentive to not switch credit card companies if the customers telephoned to say that they had gotten a better offer and were planning to leave. Customers lowered their annual interest rate by an average of five to six points, and some companies offered them perks like no interest for half a year. One customer more than halved her exorbitantly high interest rate, an important consideration if you have a credit card for bad credit. If the credit card company refused the customers' requests, the customers suffered no penalties. As long as you are polite to the credit card representatives, asking for a reduction in your interest rate is risk free and has an exceptionally high success rate.