# Getting a better interest rate, credit limit on credit cards

**URL:** https://boards.straightdope.com/t/getting-a-better-interest-rate-credit-limit-on-credit-cards/136826
**Category:** In My Humble Opinion
**Created:** [November 15, 2002, 4:25am UTC](https://boards.straightdope.com/t/getting-a-better-interest-rate-credit-limit-on-credit-cards/136826 "2002-11-15T04:25:15Z")
**Posts on this page:** 1
**Page:** 1

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### Author: ![Dignan](https://avatars.discourse-cdn.com/v4/letter/d/f07891/32.png) [@Dignan](https://boards.straightdope.com/u/Dignan)
#### Post date: [November 15, 2002, 4:25am UTC](https://boards.straightdope.com/t/getting-a-better-interest-rate-credit-limit-on-credit-cards/136826/1 "2002-11-15T04:25:15Z")

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The “Establishing Good Credit” thread reminded me to post something I’ve been meaning to ask …

At what point should I ask for an increase in my credit limit and a decrease in the interest rate the companies charge me? I have a Visa and a Discover. I try to use the Discover whenever I buy something, but I don’t buy anything with the cards if I don’t have the cash and wasn’t planning to buy it in the first place.

I pay them off every month, on time, and I don’t ever carry a balance. Of course, if an emergency happened and I were forced to have something stay on my card, then I would prefer that the rates would not be as high as they currently are. I would also like to get a higher credit limit. I’ve had the Visa for a couple of years and the Discover for about 8 months. When and how should I ask about getting an increase on limit, and a decrease on interest rate?