I haven't been using my Chase Platinum card, but just got a BT offer at 4.99% so I transferred a small amount. Just checked my online account and see that the minimum payment is at 3% now. I haven't seen this mentioned on the CN board. Anyone else noticed this? Any other cards raising the minimum payment? I saw an article that BOA was raising to 4% but when I emailed them and asked about it they denied it.
i think it was on creditboards where i saw that new legistlation requires higher minimum payments now - i think it was 4%
Get used to it. Eventually this year, regardless of your interest rate. All min. payments are going to 4%.