Bank Of America
Credit Card Interest Raised and Executive Assistant Blamed Government

Business & Finance

I wrote a letter to the President and CEO of Bank of America telling him what I thought of the BOA raising my interest fees on my credit card which, up to that point, I had been paying on time. I received a call from one of his Administrative Assistants, who informed me that the reason the credit card interest rates went up was because "it was the government's fault". When I mentioned that my credit score was ruined and that I was going to go to credit counseling, she was in agreement with me and encouraged me to go. Wasn't that special.

I have been with Bank of America ever since they bought out Nations Bank. In fact, my account has been in the same bank building for 20 years. After being a loyal customer, I saw the handwriting on the wall and transferred my account to another bank with no fees and no hassles.

BOA is only interested in "quick" cash from it's customers either through huge interest fees on it's credit cards or higher banking fees. Do yourself a favor and transfer your bank account elsewhere and drop that BOA credit card, too.


Company: Bank Of America
Country: USA
State: North Carolina
City: Charlotte
Address: 100 N. Tryon Street
Phone: 8138054879
  <     >  

RELATED COMPLAINTS

Bank of America
Credit Card Opened Without Permission Accrued Fees For A Year

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

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

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

Bank of America
Due Date Change Caused Late Fees and 29% Rate on Other Card

Bank Of America
Credit Card Rates Raised From 8 to 20 Percent on Two Cards

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

Bank Of America
High Loan Interest Rate Despite Good Credit Score

Bank Of America
Consolidation Plan Led to Cards Restricted and Rates Raised to 28 Percent

Bank Of America
Rate Hike From 9.9 to Over 19 Percent Despite Perfect Payment History