Bank Of America Formerly MBNA
Ripoff Deceptive, Conniving, Dishonest, Exaggerated Ballooned Credit Card Interest Rates

I have fallen victim to overly inflated interest rates from 5.9% to 19.99% by MBNA aka Bank of America. I had been a member with MBNA since 2003 w / a fixed interest rate of 5.9%. Just recently, MBNA merged w / BOA and defaulted my interest rate to 19.99%. How is this possible?

I called and spoke to an account manager to reason and maybe come to a reasonable rate. Mind you, I have always maintained an excellent credit history especially with MBNA. The account manager and customer service was the worst I've ever came across and demanded my account be closed and that I WILL NEVER do business with BOA again.

All that became victim through the hands of BOA and there drastic credit card interest rate hike should come together and get the appropriate federal agencies involved and even file a class action suit.

BOA should not be able to get away with such a horrible crime. Many consumers may not be aware that such a thing was done, especially since the majority don't read the mail coming in and the fine print. BOA is corrupt and should be dealt accordingly.

Again, let stand together and put a stop to companies, especially BOA that take advantage of consumers.

Company: Bank Of America Formerly MBNA
Country: USA
State: California
City: City Of Industry
Phone: 8007329194
Site: bankofamerica.com

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