Chase just really ticked me off, my credit score has been the same for a year now, nothing changed really besides a slight increase in balance (Slight meaning 10% or so). And all of a sudden they raised my APR to 24% (It was 16%), its the perfect card so APR is a bit higher then normal cards.... but still there was no reason for them to do that. Anyways just wanted to vent It is now in the drawer and I told them I refuse to use it until the APR is at or below it's previous level. So I just opened a different rewards card anyways and got 3x the CL ($3500 on Chase, $10000 on Citi).
Join the club. Same card, never been close to my limit, and my utiliziation is less than 30%. I got rate jacked from 12.9 to 26.54%
Same thing happened to me went from 12.9 to 29.9 reason given was i was close to my credit limit.Still have 700 available on 5500 line.When i called to vent they told me more or less to learn to deal with it.Since the new bankcrupcy law went into effect banks are finding any reason to jack up apr,s.Crooks!!!!!!
Welcome to the club! They started this before the new BK laws. Mine was actually a Bank One account - after 10 years of perfect payments, etc. ratejacked from 12.9%-30.9%! (they said util on the card was too high) They suck. Pay it off, sockdrawer it and forget it!
Oh man, I called them and blew up. A week later they raised my limit from $3500 to $6000, I had more then a few words to say when that happened right after they raise my APR.
