Just got letter from Citi that interest has been raised on my card to almost 30%. Will be paying off card next month and getting rid of it. I suspect their are thousands of families who can only afford to pay minimum.
Or just have WIC AND SNAP.
Interesting. I have a rewards card with them. It was 15% until inflation hit and then was raised to 25% at some point. I just got a letter from them offering a teaser rate of 10% for a year. LOL.