Quote:
Originally Posted by EllwynX
I don't understand WHY the GMCard has such a high interest vs. other Mastercards. I'll probably cancel it after I've redeemed my $.
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Don't quote me word for word on this, but I've heard from more than a couple friends that you really just need to call the company and tell them to lower your interest rate and if they won't, you're going to cancel the card and move to another lower interest provider.
If you don't have a decent to good track record, it might not work, but like I said, more than a couple of my friends have done it.