I second the reply from mh1278.I have paid all my debts on time, have only 1 card with a balance, overall low debt/credit ratio, have no balance on Chase, with FICO >720, and yet Chase recently increased my rate to 20.99%. When I called to get it lowered (my next HIGHEST card is 8.9% fixed), they only offered 16% variable. Like the OP, I also had previously used Chase for BT after being offered similar terms.Luckily, I also have a Bank One card with 8.9% fixed. I had them close the Chase account, and transferred all rewards points to that card.My suggestion would be to pay the card off, be motivated by the increased rate, and leave Chase until they wise up in the future.
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