It is incredible to note that a lot of people don’t make the most out of credit cards. They can do so by only being a little more disciplined and better informed about credit card rules and credit card tricks. For example, if you miss a payment deadline on your credit card, you might end up paying a late fee in your next monthly bill. However, quite a few smart credit card holders call up their card issuers and request for a late fee waiver. It is interesting to note that a lot of times, first time guilty parties get away with it and the late fee is indeed waived off, which saves a few dollars for you.

Similarly, if you have an unreasonable APR or if you think other credit cards are offering better deals than your own credit card, it is important to negotiate with your card issuer. If you indeed have a good credit score, then there is no reason why you shouldn’t be getting better terms and a lot of times, card issuers are cognizant of this fact. In other words, it is important to keep an eye on the cards available in the market and the offers they are providing for your credit score range. Most card issuers don’t want to lose out on their business, which is why there is a good chance you will get better deals when you negotiate. That is why you should never be shy of picking up the phone and calling the customer care with your questions. In some cases, even talking to the supervisors of the customer care representatives can help if your request is not resolved properly.

When you have a credit card debt, it is highly advisable to discuss a sound repayment plan with the card issuer. This allows you to get a better idea of what you would pay back to the card issuer. Sometimes, if you don’t have a repayment plan you might be accruing more and more debt, with the interest adding up. Working out a minimum payment plan, will help you get a good idea of how much you have to pay back in order to get rid of the debt faster. In some scenarios, you may even be able to negotiate with the bank for waiver, of part of the debt on the credit card, if you have valid reasons.

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