Credit card interest rates are on the rise again as credit card companies take action to make up for steep losses from delinquent accounts. Unfortunately, these higher rates are not only affecting those who are risky but also those with perfect credit ratings - and the interest rates could be as high as 28 percent! Consequently, it is important for card holders - especially at Bank of America and Capital One - to check their fine print in order to make sure they are covered.

From KSBY News:
Your credit card interest rates may be going up, and it's a good time to read the fine print, even if your credit is in good standing. According to Businessweek, not all, but thousands of Bank of America and Capital One credit card customers are getting their interest raised, regardless of their credit history. The increase could be as high as 28 percent.