"?ÐÊNEW YORK, April 16?ÛÓCitibank, the largest issuer of Visa and Master-Cards, said today it will sharply cut credit card interest rates for its best customers, a move expected to reduce stubbornly high rates throughout the industry.</br></br>?Û¢ ""We?Ûªre starting to see the beginning of a price war, finally, in the credit card business,"" said Gerri Detweiler, director of Bankcard Holders of America, a consumer group in Hemdon. j^This is something that we?Ûªve been waiting for [for] a decade.?Ûª?Ûª</br></br>Beginning June 1, Citibank will scrap its 19.8 percent fixed rate on its so-called ?ÛÏclassic?Û? Visa and Master-Cards for a low rate of 15.9 percent for qualifying cardholders. Consumers With ""preferred?Û? cards, which carry a</br></br>The new rate is offered to Citibank card members who have been with the bank a year, pay on time, stay within their credit limits, and have charged at least $1,000 on the classic and $3,000 on the preferred cards, Citibank said.</br></br>About 9 million cardholders?ÛÓor about one-third of all Citibank's Visa and MasterCard holders?ÛÓimmediately will qualify for the neW rates."