Did any citi card holder get a letter indicating a rate increase? My rate went up to prime + 7.99, and it has nothing to do with my history with them, or my credit (both of which are still in good standing). Anyway, I called to ask about it, and I was told that everyone was getting a change in terms, and customers are allowed to either accept, or reject it. If it's rejected, then the card would be closed after the card's expiration date. Anyway, who else has seen this?
i got one a while ago from prime+0.9% to like prime + 7.9%. oddly after my balances went from a nice BT to 0 for several months, a nastee PFB, the presidents office reset me to 5.9% var and offered 2.9% FOR life BT. they were quite nice and understood how well of a customer i was. I have a 25K line with them. No rhyme or reason why i was increased. I did not use it after the increase. Give them some time to cool off with 0% balance and then PFB them. they will come around.
