Best credit cards and how to discover more
You can contact your credit card company if you are notified of credit limit or interest rate changes. If you are in good standing and have a record of low balances relative to your limit, you have a very good chance of convincing the company to give you back your original rates and limits. If you have a spotty record, however, the new rates and limits are likely to stick. The most financially beneficial way to use a credit card is to pay it off each payment period. If you currently carry debt on credit cards, however, read and understand the terms and rates for those cards.