Page 79 - Winning The Credit Game Bundle (CK Patrick)

CHAPTER 10
IMPROVING YOUR

EXISTING ACCOUNTS

YOU MAY ALREADY HAVE credit cards, or you may start to open a new
credit card account or two after raising your credit score using the
techniques in this book. Either way, one little-known fact is that you
can often get better terms on your credit accounts after your credit
score goes up, even if you opened the account when your credit was
not quite so excellent.
Credit card companies compete for great credit players. That means
that if they see that you’re an all-star and you express that you’re less
than thrilled with the terms of your current account with them, they
will often offer you better terms in an attempt to keep you on their
team.
In the eyes of credit card companies, getting paid a low interest rate
by someone who always pays their bills on time and who may be on
their way to being a big spender is better than getting paid no interest
because you left their company and accepted a better offer.
You can ask for improvements to your credit card accounts like:

A lower interest rate.
A higher credit limit.