Tuesday, January 25, 2005

clouds of qualm

Today's mail included:

1) my credit card bill. The rate has been raised again.

2) an offer from the same credit card company to get a new card at a lower rate of interest

3) an offer from another company for a credit card at an even lower rate of interest

I realize that credit card companies need to attract new customers, and that a low rate attracts more folks than does the chance for a card with angels or dogs on it. I understand that the credit card folks assume that I won't notice the rate change.

It's still silly.

Words Written: zero
Lessons Graded: thirty-six


Joe said...

Call them. Ask for a lower rate. They're so stunned by this trick, it often works.

lemming said...

Tried that three months ago and it worked. Tried again last night and failed. I'm welcome to apply for another card at a lower rate, but, naturally, couldn't transfer the balance. So it's option #3!