MBNA Aka Bank Of America
Interest Rate Raised From 9.99 to 24.7 Percent After Takeover
I had a MBNA credit card. No problem (rate of 9.99) until Bank of America bought them out. Without a warning the rate on my next statement was 24.7 percent. (My credit score is great) They claimed they sent out a letter about the rate change. If you do not accept the change let us know. Well that ...