i have an orchard bank credit card, that ive had for about a year, when they checked my history they found that ive never had a late payment with this credit card and that my credit score is above 700. they decided to hike up my intrest rate from 9% to 29% intrest with out a clear reason why. They told me the reason why is because (1.) its based on your credit score to date, and (2.) based on any other credit cards (History) that you happen to have. ok... for the 1st reason- my credit score is above 700, i had a lower credit score when i 1st got the card at 9% intrest, so that cancells that out. so..... for the 2nd reason- i read that they cannot, like its agaisnt U.S. policies to raise my credit score based on other credit cards or accounts that i happen to have. but ive never.. let me say that agiain, never. had a late payment on any of my accounts that ive ever had. (im kind of a credit freak) so why would they hike my intrest?