Hi
They wouldn't settle for less, it's what they are owed: but you'll save quite a bit in interest if you pay it straight off..
If you can afford it, you should pay it off (then look at how the bill got up to that level, then get your missus to cut up the card..Not necessarily in that order!)
Nicola
If you have had missed minimum monthly payments with them and they have you noted as a debt that is in arrears and have written to you regarding this, you can ring them and ask them for a settlement figure.
Its depending on your payment history and depending on the cc company though......
I do it for clients in work all the time but their debts would be serious. Payments may have been missed for months and the debt may even have gone legal.