Is it possible to ask my credit card company to lower my APR to match another one from the same company?

I recently activated a credit card, hoping for one of the lower possible APRs but ended up with the highest one.





Then I noticed another card from the SAME company with an APR one percentage point lower than my current one. Is it possible for me to ask them to lower my current one to match the other one? If so, will it affect my credit score if they try to match it but can't due to my credit?|||It won't hurt to call and ask. But if you just got approved, more than likely your approval was based upon your credit score - which wouldn't have changed in such a short period of time. Since you have no track history with the company yet, you'll have very little "leverage" to get the rate dropped.





Call and ask... but don't be surprised if they tell you "no". In that case, keep the account open and maintain a positive payment history, then try again in 12 months or so. Or, you could always try another issuer...





GOOD LUCK!|||You can always try.....but you need a good (or at least decent) FICO score to back you up in the negotiation...the higher the score the better.





FYI: Almost all credit card call centers have been outsourced to Asia/India....often the reps are powerless to make decisions like lowering your interest rates. You might have better luck typing your request and mailing to the credit card company headquarters.|||Yes, most definitely (especially if you've been with them for 6 months or more)





Call the credit card company and request to speak to the manager, not just the customer service rep. Or if the rep says that she/he can do it for you, then that's ok.





Especially if you have a good paying history with them -- and you threaten to close your account and move it to another that is willing to give you a better rate, then you can do so.





The worst they can say is "No". So go ahead and give them a call. You'll never know what you can get if you don't try it :o)|||Its worth a try.|||You can always ask, that never costs you anything.





But if they have two cards with different rates, there are differences between them. One might have a higher fee, another might have a point or cash-back incentive, etc. You'd have to carefully read the details of each card to say which makes more sense for you. The higher rate will work better for you in some cases.|||I agree with the above post. Sometime the company may require you to fax the offer that you have. It is important to consider if there is an annual fee and other hidden cost with the new offer.|||You can always ask and move the debt if they do not work with you.