(229) 527-0963

offers to lower my interest rate if I press 1 to speak to a live caller and give them my credit card information

Lowering credit card interest rates.

credit card rate reduction

Something about the interest rate on credit cards.

I have received more than 500 "lower your credit card interest rate" calls on my unlisted - Do Not Call registered cell phone. They are now calling 4 to 5 times per day. These calls have been increasing ever since the FCC has taken action against the 9 robocall spammers.
Slapping them with a fine that they do not have to pay isn't going to deter them at all. You need to go after them in CRIMINAL court for the advance fee fraud and the identity theft.

Due to government bailout, interest rates are at an all-time low, etc

Card Member Services called the consumer today from number 229-527-0963. The response to “please take me off you list” was a hang up.

Lower credit card interest rate.

I did not answer the call, and the caller did not leave a message, so I am only guessing that they are advertising something. When I did a search online, the posts seem to indicate that this is an illegal call. But I did not gain any other valuable information from my online search.

Lower interest rate on credit cards.

Offered to lower my interest rate because of the government bailout.