Tuesday, February 8, 2011

Credit cards

Credit cards. No one likes to have to use them.

But here's a quick PSA.

If you've got a credit card, whether you carry a balance or not, even if it has rewards - make sure to call every so often to see if they have promotional interest rates available. I called Discover today and got my rate lowered from about 19% to 1.9% for the next six months - with no effect on my rewards, which are pretty generous.

Best part of the conversation? The gal on the phone told me that my continued use of the card, combined with having been given this offer, make it likely that I'll get approved for another promo rate in the future... all I have to do is call back.

New goal: pay off my student loan by my birthday, 2012. 14 months to pay off $4,100 is going to be pretty easy-peasy, provided everything goes well.

So...go call your credit card company! :)


  1. Wow! That's a huge difference! Who knew that would just do that if you call?

  2. I was already planning on doing that this after noon when I got off of work. :)