Bank of America
Credit Card Interest Rate Doubled After Missed Notice in Electronic Statement

The interest rate on my boa American Express card was doubled, they claim that they sent me a letter and that I missed the cut off period. The last time they tried this on another account they included the notice in my electronic statement and I refused the thievery so they closed my account. This time however I guess they figured I would not read any mail because all my statements are electronic they did not post it with my statement so I missed the cut off date. My rate went from 11% to 21% this after they ripped off the world and then we bailed them out. They should change the logo colors to strictly red because they are far from a respectable American business they are more like a red Chinese company that preys on their people.

Company: Bank of America
Country: USA

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