[Glenn]

Citibank's credit-card terms change implies a willingness to accept and even provoke a complete and intentional destruction of their credit card business

I got my letter raising my rate from 5.99% to 29%. I couldn't close the account quickly enough. I seldom used the account and I have sterling credit.

Their loss.

The only question in my mind was, "What was all that consumer credit card legislation Congress passed?"

Don't bother asking me to open a new account when things are better, Citi. I no longer trust your judgment.

[FromLori]

That was the joke of it all fooling the masses they gave them plenty of time in that legislation so they could get their rates up the jokes on the people once again. The responsible are being made to pay for the irresponsible the legislators do not expect their meal tickets the banks who gave them so much campaign cash to foot the bill.