 TITLE: How to Downgrade Your Credit Card CONTENT: Credit card issuers don't have to offer product changes or comply with your request, and each company may have different policies and rules.\nIf your card issuer allows downgrades, you can make the request by calling the card issuer and asking for a product change. Some issuers may also give you an option to request the downgrade online or send you a product change offer in the mail or online.\nReview the issuer's credit cards ahead of time to see which card you want to switch to. Your options could be limited to cards within the same \"family.\" For example, if you have a co-branded airline card, you might only be able to change to other co-branded cards with the same airline.\nWhen you request the change, the issuer's representative can tell you about the next steps in the process. You'll have to wait for the new card to arrive in the mail, but you may still be able to use your old card in the meantime.\nWhen downgrading isn't an option, you may have to close your account and apply for a new card. However, there's no guarantee that an issuer will approve your application for the new card. If your current card has rewards, you may also want to review the program rules to ensure you won't lose the rewards in your account when it's closed. END