Should you give your kids access to your credit card?

When it comes to getting better rates and fees reduced from credit card companies all you need to do is ask. Source APMore

In fact, many people who ask their card company for a break, get it.

A study finds that 80 percent of cardholders who asked to waive an annual fee or have it reduced were successful. Most get the fee waived entirely, while a smaller portion receive a fee reduction, according to a CreditCards.com report released Monday that surveyed around 950 card users.

In fact, almost 9 in 10 cardholders (89%) received a higher credit limit when they asked their credit card issuer.

"This is all further proof of what a buyer's market the credit-card world is and how much power people have, even if they don't realize it", says Matt Schulz, a senior analyst at CreditCards.com.

Tillerson to skip North Atlantic Treaty Organisation meeting in Brussels next month
Mattis told reporters shortly before a Tuesday meeting with Finnish Defense Minister Jussi Niinisto at the Defense Department. The secretary of state has had a rough first few weeks on the job . "This is something to be worked out, no problem", Mr.

China Pleads for Israel and Palestine to Achieve Peaceful Coexistence
Netanyahu also met Vice Premier Liu Yandong, and the two finalized cooperative agreements. Israel's Prime Minister is in Beijing to build business ties.

101 billionaires in India, Karnataka has four — Forbes list
At 81 years old, the businessman was worth $1.2 billion. ($1.5 billion), and former Senator Manuel Villar ($1.5 billion). There are 277 women who made the list, up from 202 previous year , and 56 of them are self-made billionaires.

And if you'd like a lower rate, more reasonable annual fee or a late fee waived, now is the time to ask.

He says this is also a good time to shop for a new card. If you can run your tax bill through your credit card and can afford to pay it off without carrying a balance, simply compare the credit card processing fees with the value of the rewards and go with the more economical approach.

When you buy something with a credit card, the merchant pays processing fees to the financial institutions that handle the transaction.

Couples are granted more help with late fees on average than singles. The worst thing the issuer can say is "no", and a short phone call could end up saving you hundreds of dollars. "But the best thing that can happen is that you get to keep some of that hard earned money in your pocket instead of handing it over to the credit card company in the form of fees or interest". "A credit-limit increase can improve your credit score by improving your utilization rate", or the percentage of your limit that you spend every month. So rare that only 1 in 9 Americans can claim they're members of this elite club. The Motley Fool has a disclosure policy.

Related news:

Hot News

isis-killer-beheading-video-story-top Curry on song as Golden State march on
Mar 30, 2017 - 00:53
A long touchdown pass late in the third quarter led to an Andre Iguodala behind the back layup and roars from a sauced up crowd. The Cavaliers also did a mass benching, with Kyrie Irving, Kevin Love and James sitting out a loss to the Los Angeles Clippers.

isis-killer-beheading-video-story-top US House also votes to repeal broadband privacy rules
Mar 30, 2017 - 00:50
Burgess, a Texas Republican, said the FCC rules were "promulgated by bureaucrats who remain unaccountable to the American people". Congress voted to allow ISPs to sell customers' browsing histories and other personal information without their permission.

isis-killer-beheading-video-story-top White House forces a risky vote on health care Friday
Mar 29, 2017 - 00:39
His changes include getting rid of some of the Affordable Care Act taxes and rolling back the Medicaid expansions faster. He did not give specifics about what the next replacement efforts would look like or when they would materialize.

isis-killer-beheading-video-story-top Captain Neymar sees Brazil as best team in the world
Mar 29, 2017 - 00:38
Neymar signed off by adding that coach Luis Enrique helped them grow as a unit. "I would sign Philippe Coutinho ", he said . The Argentina star is now ongoing talks with the club to extend his contract past the 2018 season.

isis-killer-beheading-video-story-top AI staffer assaulted by Shiv Sena MP is a Malayali
Mar 28, 2017 - 00:11
To defuse the situation, the Ministry of Civil Aviation has called a meeting with all the domestic airlines here on Tuesday. Meanwhile, Civil Aviation Minister Ashok Gajapathi Raju said that the airlines can not discriminate between passengers.

isis-killer-beheading-video-story-top NCAA Tournament Sweet 16 2017
Mar 26, 2017 - 00:17
The East Region is also in action Friday, as No. 3 seed Baylor takes on No. 7 seed SC , which upset Duke in the Round of 32. North Carolina ended the game on an impressive 12-0 run in the final three minutes to fend off the Razorbacks upset bid.

Sean Spicer addresses Republican health care vote
Mar 26, 2017 - 00:16
Asked if there was a political cost to a collapse of the health care bill, Spicer said that there would have been a cost to allowing the debate to carry on.

Amid Growing Boycott, Google To Overhaul Ad Policies
Mar 25, 2017 - 01:03
Nor is it to say that Google can't do more to police the global hatred brigades. Such videos include rape apologists, anti-Semitism and terrorist propaganda.

isis-killer-beheading-video-story-top 'Iron Fist' star criticises creator after he defends show against 'whitewashing'
Mar 25, 2017 - 01:01
Danny decides this is dumb and he would rather return to NY to run a company he hasn't set foot in since he was 10 years old . He was the Daimyo, or leader, of The Hand in South America who challenged Daredevil's leadership as an outsider.

Top US General Suspects Russia Is Now Aiding The Taliban In Afghanistan
Mar 25, 2017 - 01:01
The State Department hasn't publicly announced its position on the planned conference. Head of US European Command and Supreme Allied Commander Europe Gen.

isis-killer-beheading-video-story-top Leaks Suggest Galaxy S8 Fingerprint Sensor Will Be Next To Camera
Mar 24, 2017 - 00:28
Admittedly, the comparison isn't exactly straightforward given that the iPhone 6s was available for all 12 months throughout 2016. Huawei which has been growing rapidly and is now the third biggest smartphone player, had no phones in the top 10 most-shipped.

isis-killer-beheading-video-story-top Airbnb China Expansion Brings New Name And Hefty Investment: Meet 'Aibiying'
Mar 24, 2017 - 00:16
Tujia has staked a huge claim on its home turf, with more than 430,000 listings covering 312 cities and towns across China. Uber, for example, opted to leave China in August after tight competition from Chinese ride-hailing giant Didi Chuxing.

isis-killer-beheading-video-story-top 'Sesame Street' Character With Autism to Raise Awareness of Disorder
Mar 24, 2017 - 00:15
Her name is Julia - a lovable, red-haired muppet who, just like 1 in 68 American children , happens to be on the autism spectrum. She hopes Julia will help other kids to understand that people with autism sometimes act and play differently.

isis-killer-beheading-video-story-top New prank that uses Siri could end up with you in jail
Mar 24, 2017 - 00:13
For example, you could ask Siri to call 911 if you're visiting the United Kingdom , and it would dial 999 for local assistance. A potentially life-saving iPhone feature is part of a social media prank that has police cautioning smartphone users.

isis-killer-beheading-video-story-top 'Super Mario Run' on Android & other updates: New characters & level in
Mar 23, 2017 - 02:37
If so, how are you liking it? Just like the iOS version, Super Mario Run for Android is free to download and play. Although for whatever reason, Nintendo has decided to make the game available a day early.