We’re on the second to last day of the Credit Rate Reduction Rally - tomorrow I’ll cover what to do if your reduction attempt failed - but today we’ll look at reasons not to participate if you’re sitting on the fence.

You’re already getting zero percent interest -  If you’re already getting a special interest rate then this isn’t for you.  Clearly you’ll need to jump onto the bandwagon when those rates jump up at the end of your ‘interest free’ period.  Kudos for your great rate and keep it up.

You like giving your money to others - If you love paying money to others for ’services’ rendered in the past this is great - but I’d suggest giving your money away to charities that could use it for better things than lining credit card company wallets.

You pay off your credit card every month - This one is a double edged sword.  If you do pay it off every month and have the discipline to do so, great, but its still good to make sure that you’re getting the very best rate possible.  That way if you accidentally let a balance roll over you’re not going to get hit with as high a finance charge.

The last, faux reason would be that you hate being on the phone with the people in charge of taking these sorts of phone calls.  Get past your concern and save yourself a buck or seventy and get this taken care of.  If you could invest that money laster instead of paying it now, you’d be much better off!