MBNA was purchased by (bank of money) early last year. Not a problem' if it wasn't for all this economic greediness today!
So! Obamas' and bushs' admin. , decide too impose restrictions on the banking industry' too which they gave billions to.NOTHING LIKE GOV"T REGULATION! They resticted the banks (a.k.a.
credit card companys') in 2010 to raise credit rates. SO they're all doing it now.
The half *** reason they gave was "due to all the default cards/loans, they had to raise it" to over 6% of what it was. I'm sorry, but I'am tired of idiots,and greed by them,ruining so much of our lives today.