Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Can a credit card company raise my rates for making a large payment?
Short answer: No, not normally. Long Answer:  It depends on the contract.  If the 14% is some sort of special offer, with conditions, then if you violate those conditions, they can jack you up to whatever the 'normal' rate is.  But outside of that condition, I can't see any reason why they would wish to penalize you for making a payment.  You will note that there is no "maximum" payment on the bill. Secondly, even if they do jack up the rate to 28%, you're still better off paying $70 on 3000, than you are paying ~120 on 10k.  Then tell them where to stick their card and get a new one.