Bank Of America
Interest Rate Jumped From 9.9% to 32.24% Over Late Payments

Business & Finance

I open my credit card statement today. The interest rate went from 9.9% to 32.24%. Yes 32.24%!

When I called Bank of America they said I had been late making payments 2 separate times in the last 12 months by at least 1 day. It might have been just 1 day or 4 or 5 I don't know but who is ripping who off? It's no longer business, they made it a game, and I won't play.

While looking to see if that rate is even legal I came across this web site.

I have already sent a check to BOA to pay off the balance. My Credit score is high, I am not a bad egg.

BOA you lost my business, and I hope the business of everyone I talk to.
It is amazing to see all the complaints about BOA on the internet. They are going down the same road tha MBNA did! I will sell my BOA stock on Monday.


Company: Bank Of America
Country: USA
State: Arizona
City: Phoenix
Address: 1825 Buckley Rd
  <     >  

RELATED COMPLAINTS

Bank Of America
Interest rate raised to 38 percent despite agreed fixed 19 percent

Bank Of America
Fleet Credit Card Rate Raised From 8.56 to Over 16 Percent

Bank Of America
25% interest charged on balance transfer fee

MBNA America - Maryland Bank National Association America
Ripoff scam credit score credit report APR interest rate lousy high balance customer service

MBNA America
Spiked interest rate Ripoff

Mbna
America fraud, apr interest rate raised for no reason! Rip-off!

Bank Of America, MBNA
0% Rate Removed Over Due Date Mixup and Finance Charges

Bank Of America
Business Card Rate Jumped to 26% and Cards Not Consolidated

Bank Of America
Business Card Interest Rate Doubled Despite Perfect Payment History

Bank Of America
Interest Rate Raised To 26 Percent And Credit Limits Cut After Takeover