I have had a Providian credit card for over 8 years now. They were recently bought out by Washington Mutual. I just got my Dec bill. The interest rate went up 12.6%!! :thumbdown: I have never been late or overlimit on the account. And in the last couple years my credit score has gone up 80 points (it was not low to begin with either!). There is no reason for the increase other than they are greedy (Washington Mutual)!! I had the money to pay it off, but I am buying a house and need it for the down and closing costs. What a rip off. What I have left from the house is going to pay it off. New furniture and what not is going to have to wait! Of course the lady politely said a notice was sent in the mail to notify people of the terms. ARRRRRGGGGHHHH!!!