Received two letters from CitiBank today notifying me that they are increasing my interest rate to 29.99%. I have had not late payments and in fact pay more then the minimum every month and usually early. At 29.99% my interest charges would have been more then my current payment. Needless to say I immediately called CitiBank and opted out of the increase. They of course closed my account. Now I will monitor my credit report to see is they somehow try to reflect this in a negative fashion. So much for bail out money and now they make big profits. read full review »