| Pros |
|
| Cons |
|
I am deeply disapointed in the Bank of America credit Card. After numerous phone calls and letters that offered "too good to be true" loans and lines of credit, I decided to open a line of credit just in case I am in need of funds. I called, spoke to a representative that confirmed what I already had in writing, namely that the Interest rate on the line of credit will be %8.9. I completed the application. A few days later I received the paper work from Bank Of America and in very fine print listed the Interest rate of $18.9. I called to inquire about the discrepency and was informed that the day after I completed the application the rate went up. I could have been in debt today if I didn't purchase a magnifing glass and decided to read every word on the 20 or so pages received from the bank. I will never do business with Bank Of America again.