Chase Increased My Interest Rate By 7%

I got a note yesterday saying that starting immediately, the interest on my Chase Visa will be going from 6.24% to 13.24%. Wow, this is what an 800+ credit score will get you these days, eh? I don't carry a balance, so this is a total "whateves" for me. However it is a reminder that I don't ever want to carry a balance, on any card, ever again. I'll have to remain diligent to make sure that doesn't happen.

Fun tidbit: When I had huge debt on this card ($13,000 a few years ago) the interest rate was 15% to 17%. I could only imagine how I'd feel if this spike in rates happened back then.

I have a lot of sympathy for people trying to get out of credit card debt right now.