Credit card companies LOVE to screw customers. After making them deal with the shock and horror of one time credit rates around 8% get JACKED UP to 29%, Citibank has decided to "make nice" with their customers:
Those who meet the spending minimum , in some cases $750 a month , will be able to get a rebate on their total interest charges for that month. The rebate could cover some or all of the interest rate hike. Customers also need to make payments on time to qualify for the rebate.
Yes, that's right, they want you to spend almost a GRAND every month in hopes to get you trapped further. Unbelievable!
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