Capital One - Platinum Visa Review

In reviewing several cards that I had a balance on and was working to pay off I was surprised to see that Capital One was the only card that didn't raise their rates and increase their payment amounts during the changing economy.   

I had a few cards that I had been using for years that suddenly spiked the rates for no other reason that I can determine other than the economy.    I had cards with 9% rates suddenly change to 23.9%.   I had always made my payments on time and had been with some of these major credit card companies for five to ten years.   My plan is to pay off all cards and only carry one for travel and one in case of home emergencies.    As I wrap up paying off cards I plan to close the accounts for any company who choose to take government help at the same time they were spiking consumer interest rates even for those consumers who were paying everything on time and had been loyal customers for many years.     Capital One deserves a lot of credit (no pun intended) for doing the right thing during tough economic times.    I'll be keeping their card and will consider them for other loan types that they offer in the future.