I am notoriously bad with money. Like "oops, my rent check bounced" bad. But, yesterday, I finally did something right. I called up my credit card company and told them that if they didn't lower my APR, I was going to do a balance transfer to a new card and close my account. In truth, it sounded much less assertive and more like this: "So, I was wondering about something. I noticed that my APR is really high, and I keep getting all of these credit card offers in the mail. I am considering about doing a balance transfer and closing this account. I thought I'd check with you first. Is there any way you could possibly lower my APR?"
BINGO! APR reduced from 18.99% (I told you it was high) to 9.99% - that's almost cutting it in half! It's going to save me like $300 a year in interest.
Yes, I do realize I should have done this years ago.