Be very careful with Citibank

I just got a letter letting me know that my current (very low) interest rate is being bumped up to a much higher rate.

I have a very good credit score, pay over the minimum amount every month

the bump is 11 points

I have the choice to opt out – meaning keep my lower rate and not use the card any longer.

I am opting out.

My honey got the same letter, btw