Is this a good credit card interest rate?

Is 11.24% considered a good credit card interest rate? Is it possible to get the company to lower it (without them laughing in your ear) or is this as good as it gets without rolling to a card with an lower introductory rate?

thanks
this is not a new card and I have excellent credit score
I already have excellent credit ratings.

By | 2013-08-27T09:22:06+00:00 August 27th, 2013|Mortgages Home Loans Interest Rate|2 Comments

About the Author:

2 Comments

  1. Judy August 27, 2013 at 10:17 AM - Reply

    The best rate is 90% +
    This is why:
    A low rate may tempt you to carry balances.
    Carrying balances is a good way to devastate your credit and your life.
    Employers check – so do landlords and car insurance companies (you’ll pay more).

    The secret to amazing top scores:
    Get a card – pay in full each month.
    You never pay anyone a penny interest by paying in full each month.
    With time you will see yourself with top credit ratings.

    You will never know what interest is on a credit card if you do the right thing.
    /

  2. C.W. August 27, 2013 at 9:30 AM - Reply

    11% is the avg for a new card.. do good, you can get them to lower it.. a lot of places start at 18-20%

Leave A Comment