reviewer
mamagupy
Castleton On Hudson, NY
THEIR NAME INSULTS ALL AMERICANS-RIP OFF ARTISTS
1 star rating

not rich, online banker
Cons
    interest rates too high, Bad Customer Service

OCT
9
2008

Bank of America - Visa Card — 

After paying my BOFA visa card faithfully for over 3 years my interest rate was arbitrarily raised from 9.9 to  to 25.9 percent.  I have not been late on this or any other card and maintain a FICO score of approximately 700.  However based on my credit report I was advised my interest rate was raised.  As a person that does all my banking online I was not aware of the increase until it was too late.  Since I failed to review the attachment of account changes that was hidden online I am just out of luck.    Having a decent credit rating and paying on time is no protection from a rate increase.  I guess we know why BOFA is doing well while the other banks are in trouble.  I take responsibility for not reviewing the online statement closely enough but was under the misconception that if I was able to manage my bills and paid on time that I would not be penalized.  Big mistake. Buyer beware.



I_thumb_down Bank of America - Visa Card is not recommended by mamagupy

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