I still get the "Apply for our credit card and get this great promotional rate" mails on a fairly regular basis (maybe 2 per month). Call the credit card company, complain, and then get a new card (with good credit I don't think that should be a problem) and cancel the old one.


>Have had what I call excellent credit rating and always pay credit card balance each month. (90% of the time)
>The main card i use had an interest rate of 7.8%, just got a letter from them telling me that I qualified for a new rate of 29.8% from now on with a list of all extra charges that ranged from about $30 and over based on the penalty.
>
>Sure does make one very frustrated to see these banks get the big bail out bucks. As a tax payer I am going to be paying for that. Now, they expect me to pay extra interest charge on top.
>
>Really makes one feel like we are in for a big rip off!
>
>The high interest rate does not mater to me, because i will not be using the card any more, but for the poor slob out there that has a balance to pay off and the interest rate jumps 20+ percent, I really feel sorry for them.
>
>I think i will take a shoe or two and send to the new president so he can fling them at the big wigs in all the banks!