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I can't say enough bad things about Bank of America. I had a credit card from them for many years. One day, I see items being charged to the card that I did not authorize. I had my card at home and had not used it for for quite some time. I found the card and called the company. They said the card was stolen and removed the charges I did not authorize. Sounds good, right? Wrong - The next month they cancel my card saying my credit wasn't up to their standards and they rasied my fees to 27.99%.
I had never missed a payment and I never reported anything prior to the incident metioned above. I am on social security diability and I called them to let them know. They did NOT care and said the card was cancelled and I had to pay it off at their HIGH percentage rate.
They took advantage of me and will do the same to you. There is nothing I could do because they have that clause that says they can do this at any time they feel like it. What a horrible company. They may as well be called Bank of UNAmerica!