I got the ‘we are raising your rate unless you opt out’ letter too. I dont really care, cause I have never missed a payment and never for a second carried a balance. I am supprised I didnt get a letter saying “if you keep this s&!t up, we are canceling your card.” I have no fees, and obviusly no interst payments, but get a rebate every month that cuts my payment by a few bucks. The way I see it, they are paying me to use their card to collect the merchant fees I generate. They have gotta hate me.

I dont really understand why people care so much about what the theoritical interest rates are. Pay your bills and it is 0%, plus some rebate credits.

Strangly, I guess this is one of the few cases where the irresponsible subsidize the responsible.