Poll: Interest rate the top reason for credit card breakups

By: Daniel Workman | CreditCards.com | February 26, 2015

Read More, and see what Mike Gomes says about “Behind the numbers.”

What final straw would motivate you to jump ship to another credit card company? According to a survey commissioned by CreditCards.ca, hiked interest rates followed by low-quality service are the top reasons for cardholder-initiated breakups.

Competitive promotions, reduced rewards and data security issues are less likely to end consumers’ relationship with their credit cards, although the survey did uncover some interesting patterns specific to respondents’ age, income and geographic location…