Capitol One has raised their credit card balance interest rate from 7.9% to 17.9%. They claim everyone was sent a letter in February with an option to "opt out" of the higher rate. Who in their right mind wouldn't do it? They claim nothing can be done to lower the rate. How can this act of greed be allowed? With the economic problems, record unemployment and people not spending money because of uncertainty, this must be the Bank One answer. read full review »