Take on the Big Banks – credit card fee reduction kit

You can lower your interested rate just by calling. I had mine lowered from 19% to 9.7 with one phone call.....

While Jack Layton and the NDP are taking on the Harper Conservatives to lower credit card interest rates, average Canadians can fight back too.

That’s right.

You may be able to reduce your credit card interest rate, just by calling them. Use the NDP’s credit card fee reduction kit.

Who do I talk to?

Contact a representative of the card you hold by calling the toll-free customer service number that corresponds to your card.

Check the list below, or just call the customer service number listed on the back of your card. Be sure to have your card or account number with you.

VISA Card Holders CIBC Visa 1-800-465-4653 TD Canada Trust Visa 1-800-983-8472 Scotiabank Visa 1-800-387-6556 Royal Bank Visa 1-800-769-2512 Desjardins Visa 1-800-363-3380 Laurentian Bank Visa 1-800-252-1846 Bank of America Visa 1-800-441-6437	MasterCard Holders HSBC Mastercard 1-866-406-4722 BMO Mosaik Mastercard 1-800-263-2263 Citi Mastercard 1-800-387-1616 Canadian Tire Mastercard 1-800-459-6415 MBNA Canada Mastercard 1-888-876-6262 CapitalOne Mastercard 1-800-481-3239
American Express card holders 1-800-869-3016

What should I say?

We’ve prepared this script for you. Just call the customer service number for your card and read the script below. The representative will ask you a few questions about your account and should be able to get you lower credit card fees.

Give it a try - these people did

“Hello, my name is YOUR NAME.

I have been a good customer of yours and would really like to stay with CREDIT CARD NAME.

I’d like to talk with someone about lowering my current credit card interest rate. Can you help me with this?”