krystalinhawaii
Ewa Beach, HI
Get ready to sell your soul
2 star rating

in debt, on a strict budget
Pros

    Widely Accepted (all Visa cards are), Is available in a pinch, points, easy ascess

Cons
    too many fees, Annual Fee, interest rates too high, High Fees, its a credit card, Bad Customer Service, Numerous Bank Mistakes

NOV
20
2008

Bank of America - Visa Card — 

Bank of America approves people for credit cards for which they would not be qualified on their own. I applied for a Bank of America Hawaiian Airlines Visa Credit Card at the beginning of 2007. Based on the amount of money that my husband got paid, I was approved for a credit card with a limit of $6,000. I did not even have a job. Shortly thereafter, I got a divorce from my husband and still had a huge credit limit of $6,000 even though I was now making only $10 an hour. I ended up racking the card up unfortunately, being young and naive. The first time that I accidentally missed my payment by about 5 days, they hiked my interest rate up to 29.99%. If you can do simple math, my monthly interest on a $6,000 credit card would be almost $150 on it's own, adding principal to that, they sent me monthly bills of $250. I, being on a limited income, could not afford that of course. Bank of America was overconfident in a girl with little to no credit and no job. They have ruined my credit raiting and report for the next 7 years as I had to settle with them after the interest got out of control. I would not recommend this card to anyone.



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

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I_comment_shdw24 Comments about krystalinhawaii’s Review

 


kid-kansas wrote on Dec 10, 2008 at 7:12PM

In response to krystalinhawaii's comment from Nov 20, 2008 at 11:48PM:

yep credit cards can get you in trouble....but it seems to have helped you understand them more, just sorry it had to be the hard way...

krystalinhawaii wrote on Nov 20, 2008 at 11:48PM

In response to kid-kansas's comment from Nov 20, 2008 at 2:16AM:

No, it was a credit card with only my name on it. The guy that helped me apply for it told me to put my husband's income since I didn't have one. Thinking they were trying to help me, I went along with it. That is the problem with being young and naive I guess.

kid-kansas wrote on Nov 20, 2008 at 2:16AM

I am sorry for your misfortune but you can't blame them...Apparently you applied for a joint account seeing they used both incomes. As for raising your rate for paying late, every card I have ever had does that. You over extended yourself and that is unfortunate but you can't blame them for ruining your credit.

2 star rating
"the fee.s for cash advance is to high"
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5 star rating
"Great Company. They've helped me out alot!"



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