Method and system for updating a call rating database

A method and system for updating a database that stores billing rate parameters for call rating devices (10) associated with a calling station (14) is disclosed. The calling station (14) calls (102) at a predetermined date and time a rate provider (30), which includes billing rate parameters for a plurality of calling stations. The call rating device (10) transmits over the telephone network (20) to the rate provider (30) the phone number of the calling station (14), and the date and time of the last updated database (42). The rate provider (30) verifies that the billing rate parameters of the calling station should be updated, then transmits back over the telephone network to the calling station the updated database (44). The rate provider (30) also sends data as to the new date and time for the call rating device (10) to place a call to the rate provider (30).