This is not a news story yet...this is actually what just happened to me today. I got a letter in the mail from Chase about 1 of my credit cards. Here is the first line of what the letter says. "We are sending you this notice to let you know that we will be making some changes to your credit card account in response to market conditions and to maintain profitability on your account." This is what they want to do. Raise my interest rate from 24.24% to Prime + 24.99% (so theoretically, it could go up way up) the notice also says that i dont have to accept these new rates, but if i dont accept them, my account will be closed. I have until june 22 to respond. If i dont respond, they will just raise my rate. I'm thinking of all those people out there that do not read these notices that already have balances on their accounts. They are going to have to pay over 3% more per month now in interest. So if you have JPM stock expect profits to go up better than expected next quarter.