Credit repair is a lofty goal, and when you go through the process, you expect your hard work to pay off. Earning 20, 30, or even 100 credit score points should mean access to better deals, insurance premiums and interest rates, right?

But what about a lower credit card APR? If you’ve improved your credit but aren’t seeing a change in your APR, there could be a few reasons why.

  1. It Affects Their Profits

It’s not your credit card issuers job to help you save money. Personal initiative is essential on the path to better rates, and the first step is to ask for what you want. Contact your issuer directly to see if they are willing to budge. Highlight recent improvements in your credit scores, a positive payment history and any other factors that make you a good card user. Sometimes a simple request is the easiest solution.

  1. Federal Interest Rates May Have Shifted

The Federal Reserve sets national rates that influence consumer credit rates, among other things. Although this shift usually indicates economic growth, it could raise your consumer interest rates along the way.

  1. Your Score Isn’t Up to Par

In general, FICO score ranges are broken into the following categories:

  • 800 — 850: Excellent
  • 740 — 799: Very Good
  • 670 — 739: Good
  • 580 — 669: Below Average
  • 579 and lower: Poor

Every lender has their own standards to gauge creditworthiness. What one considers “very good” may only rank as “good” to a different one. The only way to know your issuers standards is to ask. You may also want to ask what you can do to improve your chances of lower interest rates in the months ahead. Customer service could provide some helpful, company-specific tips. Regardless, be sure to pay your bill on time to help improve your payment history.


  1. There Are No Promotional Offers

It’s common to hear of 0% interest offers that appear in the mail, promising 12 months of no-hassle spending. These and other low-interest promotions are one way credit card companies bring in new customers, but they usually aren’t offered to existing account holders. Because of this, the answer to your request may be, “Sorry, we don’t have any offers available for current customers right now,” which means customer service isn’t authorized to lower your rate. Don’t give up, though. You may also decide to take your request up the next wrung by asking to speak to the supervisor. Escalating your request may provide a better chance of getting the outcome (and savings) you are hoping for.

  1. You Haven’t Considered the Competition

Customer retention is typically a high priority for any business, which is what a credit card company is. You may want to shop around for similar credit cards and ask different issuers to beat your existing terms and conditions. Present the information to your current provider to see if they’ll match the offer. Just make sure you think twice before closing any account, as this could damage your credit.

Credit repair doesn’t equal instant results. Although you may need to advocate for the deals you want, the money you’ll save is well worth the effort. It’s a good idea to review your credit accounts as your score improves to help ensure your success is rewarded.