Credit card companies are nicer than you think. According to a recent study by CreditCards.com, you should always ask to have fees waived or reduced. Chances are, you’ll end up getting what you want.

Late Fees Are For Chumps

Get that late fee out of here! Turn on your happy voice and dial your credit card company. 84% of people who request the removal of a late fee get it.

Credit card companies want to keep your business. The truth is, they make plenty of money on all the customers that don’t ask for fees to be removed. When you call asking for forgiveness, they’re happy to make you happy. It’s cheaper to retain an existing customer than acquire a new one.

The Cost Of Not Calling

You probably never would’ve guessed that the success rate for fee removal is darn near 90%. What’s even more shocking is that only 28% of American cardholders ever ask for fee removals.

What’s the cost of not calling? The Consumer Financial Protection Bureau (CFPB) limits the maximum monthly penalty for missed payments to $27. That is unless you have more than one missed payment in a sixth-month period, at which point it jumps to $38.

Why Stop At Late Fees?

Are you ready for the real shocker? CreditCards.com found that all sorts of fees and features could be successfully negotiated. Out of the 1,589 Americans polled, 85% successfully negotiated a higher credit card limit. 70% were able to get an annual fee lowered. All they had to do was ask nicely. 56% negotiated a lower interest rate.

The chances are even higher if you’re a big spender with a responsible payment history. 72% of customers earning at least $75,000 a year were granted lower interest rates upon request. Go get what’s rightfully yours! Standard rates and fees are for the weak of soul. The odds are in your favor. All you have to do is ask.