What is the best way to get a credit card company to lower your interest rate? What things should be said while talking with a rep on the phone?

It helps to have something to leverage like a high credit score that shows you could easily get a better card, or other credit cards with available credit which shows you may not need the card you are negotiating with.

Usually if you ask, they will lower it in most cases and especially if you tell them you can't make your payments on the current rate.

If what you are trying to do is lower the rates to get rid of your debt faster, I have a solution for you. It is called a Debt Management Program. It is not a loan nor a settlement, it is a program most people are unaware exists. The program was created by creditors themselves in order to recapture the original principle owed to them instead of risking loosing it, and at the same time allowing you to get out of debt about 75% faster while keeping your payments around the same, or in most instances, actually lowering the payment. This way, most of your payment will go towards your balance which will allow you to save a significant amount of time and thousands on interest. It works by making one simple payment that is distributed to all the creditors for you at lowered prenegotiated rates they are willing to offer you for being on the program. Being on the DMP, most creditors will give you the benefit of waiving late/overlimit fees, plus they will report your account in good standing so it will also help you rebuild your credit if you have deliquencies. It is a win win solution that can lower your payment, save you thousands on interest, pay off your debt 75% faster, plus help your credit at the same time. Neither is there a need to pull credit or be within a certain Debt-to-Income ratio. If you would like to find out more about it, dont hesistate to contact me with any questions, ill be more than glad to help, you should try this # (877) 219-9024.

Personally they lowered my rate almost 8.5% because I was tired of their crap. I threatened to cancel my card with them. Do that, it works, but you can probably only do it once. And I wasn't kidding, I was really going to cancel it. I should have anyway. When it comes down to it, if you have interest at any rate, and you're in debt, they'll still get you anyway. Good luck.