Target has raised the interest rate for ALL card holders to 24.9%...with no warning, no notice and for absolutely NO reason. I've never had a payment problem and have good credit, but mine got jacked up too.

Then they started lowering credit lines to the amount of the balance keeping you above 50% of your credit line...this damages our credit scores trigering other card issuers to restrict our credit.

When I called, they said they did it to everyone...this was several months back. I haven't shopped there since. What little money they collect on the balance (which is now quite small) they've easily lost in lack of sales. I won't shop there again and I've convinced nearly all my family and friends to go elsewhere.

My advice toyou...shop elsewhere and look elsewhere for your credit cards. Target sucks.