Citicards
Raised APR without late payments or prior notification

I have had this credit card for many years. My APR has always been 9.99%. Today I received my bill, my interest rate had gone up from 9.99% to 14.99. I have never been late with payments, always paid on time. I used to pay $300.00 a month now because of my higher APR it's gone up to $340.00 a month. Instead of banks charging those who make late payments, the banks have decided due to bad economic times that those who have excellent payments history have to become victims of higher APRs without prior notification. They claim they notified me, they never sent me anything of the sort inside my mailer along with my statement. I haven't charged in months either. This tactic is unfair, unjust and if this keeps up the bankruptcy rate in this country of ours will escalate for sure.

Company: Citicards
Country: USA
State: Ohio
City: Columbus
Address: P.O. Box 183062
Phone: 8003354112

  <     >