Mistake No. 22: Not asking for breaks from the card company
All the terms and conditions tied to your credit card are not immutable. You might be surprised to learn how possible it is to get a lower interest rate on your debt — just by asking. According to a report byCreditCards.com, 69% of cardholders who asked for a lower interest rate got one. The report also found that 87% of cardholders who asked for a late fee waiver were successful.
But wait — there’s more! Fully 82% of cardholders were successful in lowering or eliminating their annual fee (31% negotiated the fee to a lower amount, and 51% got it waived entirely), and 89% of cardholders were given a higher credit limit when asked.