what is a good credit card with low intrest rate to pay off high intrest cards???

Answer 1

You should definitely try to negotiate lower rates with your current creditors. Of course, if you're looking for a 0% intro APR-- they probably won't be able to help. You might be able to get a lower APR and 0% intro by visiting:

http://www.asapcreditcard.com/0-apr.html

If you'd prefer to stick with your current credit cards, sometimes all you have to do is ask for a lower rate over the phone. Try to talk to a manager. If all else fails, tell them you've received a better offer.

If you can't persuade them, then you might want to switch.

GOOD LUCK!

Answer 2

Getting a new card to pay off an old card is not necessarily a good idea. Every time you apply for a new card, it is showing up on your credit report. I'm not saying you should never do it but there are people that are constantly transferring a balance from one card to another and they are messing up their credit score by doing it. Every one of those cards shows up on their credit report for 7 years.

Try calling your credit card company and see what other cards they have that you might qualify for. If you've been a good customer and have been paying on time, you could probably get a lower interest rate from them and not have to open another account with someone else.

Answer 3

I have found that negotiating lower rates rarely works with some companies like Washington Mutual. They basically will give you a line of "We constantly assess accounts and will lower your rate when we see improvements".

What I did was transfer the ballance to a lower rate card and get a benefit out of it. UpFront Rewards is what I went with. I transfered a large balance to them which locked in a 10% interest rate and qualified me for a "free" laptop. It's not really free because you have to keep a minimum transfered balance for 18 months but the cost savings in the percentage rate alone made it a deal for me since I was going to keep a high balance anyways.

Transferring to UpFront got me the computer and $200/month off what I was paying. Do not take their extras if you go with a computer. It is usually cheaper to upgrade through 3rd parties and the system isn't too shabby. The other one I would suggest is the CitiBank Auto Advantage. 10% interest and you earn money back for the transfer that can be applied to things like car maintenance, gas, and up to 5K for a new car purchase.

Answer 4

Call the credit cards you already have and negotiate with them to get a lower interest. If you have good credit with them they will lower your interest rate. If not shop around.
Good Luck.

Answer 5

I have a capital one card...I think my interest rate is something like 9%...plus the first year was apr free!