Negotiating Rates with Your Credit Card Company

Written by Claire Bowes


Ok, let’s face it, everybody hates high credit card rates, and they drain hard earned money out of your wallet. As a valued consumer, it is apparent that you learn how to negotiate to getrepparttar absolute best rate that you possibly can. The good news however is that it doesn’t have to be a difficult or time-consuming process. In fact, it can be very easy indeed if you know what you’re doing. In this article we will discussrepparttar 112338 ins and outs of credit card negotiating to ensure that you getrepparttar 112339 best possible rate withrepparttar 112340 least amount of effort.

1. First and foremost, you should figure out if you even want to continue using your current credit card company. Are you pleased withrepparttar 112341 overall service that you are receiving? Do you like their benefits? Ifrepparttar 112342 answer is yes then you can proceed. If not, you should stop reading this article and start looking for a better company.

2. Second, you should evaluate your paying history and make sure that it is positive before you call to negotiate. If it is positive then you have power and if it isn’t then you’ll be negotiating from a position of weakness and that might not be good. Instead, you should wait until it is more positive before you call them to negotiate rates.

3. Third, if you have a good history then remember this when you call. In essence, you’ll have extremely high negotiating power. The company needs your business in order to be successful and with clients they lose big time. Therefore, you should always display this “take them or leave them attitude” while conducting your negotiations.

4. Draft up a script and memorize it. It can be as simple as “Hello, my name is Bill and I have been a cardholder for X years and I consistently pay my bills on a time. Well recently I have been receiving all types of credit card offers from XYZ bank indicating that I qualify for an extremely low interest rate of X and am considering leaving you and going there if you can’t offer me a lower rate. Is this something that you can help me with?

Credit Card and Insurance

Written by Alex Wu


Credit card and insurance are two very important financial services in modern sociaty. In a world that is built onrepparttar basis of credit, credit cards is a part of daily life for most ordinary people. Insurance, onrepparttar 112337 other hand, is something to protect you from uncertainty which may happen unexpectedly to anybody. The idea of insuringrepparttar 112338 future is now accepted by more and more people. Insurance and credit cards go hand in hand in many ways.

Coverage for certain insurance policies are sometimes provided as benefit by credit cards issuers at no extra charge. For example, Chase i-card providesrepparttar 112339 following insurance coverage:

  • $500,000 Worldwide Automatic Travel Accident Insurance coverage

  • Purchase Protection - an insurance program that covers purchases against damage or theft for 90 days from purchase date

    Auto insurance and travel insurance are usually such benefit for cardholders.

    For an additional premium, insurance protection plans are also available for cardholders to protect an outstanding balance onrepparttar 112340 cards. Usually,repparttar 112341 insurance policy will coverrepparttar 112342 following:

  • Critical Illnes Protection: For a primary or spousal cardholder under 65 years of age and were to be diagnosed with certain critical illnesses, such as Cancer, Heart Attack or Stroke,repparttar 112343 insurance policy would pay in fullrepparttar 112344 balance owing onrepparttar 112345 insured account up to a maximum.

  • Disablitily Protection: For primary cardholders under 65 years of age who become temporarily disabled as a direct result of an illness or accident, this insurance policy will makerepparttar 112346 minimum monthly payments with certain limitation.

  • Accidental Death Protection: For primary or spousal cardholders over 65 years of age and were to lose their life as a direct result of an accident,repparttar 112347 full outstanding balance (to a maximum limitation) will be paid in full byrepparttar 112348 insurance plan.

  • Job Loss Protection: For a primary cardholder under 65 years of age and he or she becomes involuntarily unemployed,repparttar 112349 insurance policy will coverrepparttar 112350 minimum monthly payments based onrepparttar 112351 balance to a certain limitation untilrepparttar 112352 cardholder is working again, or until your balance is reduced to zero.

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