My little $1000 account, with a $955 balance, was deemed such a threat to the continued survival of their bank that they felt it necessary to raise the rate from 15.99% to 22.99%. So what do I do now? I could close the account to lock in the 15.99% rate. I could try to get Retention to restore or even go lower than the old rate. I could keep the account open at 22.99% and continue to pay it off at $40 per month. I like having the account. After 3 1/2 years, the perfect account history really helps. And I want to upgrade the terms, once all the reports are clean and once my total utilization goes below 50%. At that point, having an older account might help me upgrade the terms. Maybe?