Bank of America has such a bad reputation with me and my friends and family. I applied for this card about six years ago when I was trying to re-establish my credit and in the past have used it on a pretty regular basis. I have always paid off the entire amount when it came due. Their "reward program" is such a scam. After having this card for six years, I have never benefited at all from the rewards program. I have credit cards with other financial institutions and am very pleased with the reward programs that they offer. Bank of America just does not seem to make an effort to try and please their customers in any way, they are always changing the rules, constantly raising the interest rates on this card and they also have an annual fee. Since my credit is great now, it is time for me to say goodbye to Bank of America. If anyone is wanting to improve or establish thier credit rating, I would not suggest Bank of America, there are alot of other options out there !!!!

thersamo

USA

I've had this credit card for over six years now, and it's all right. It doesn't really offer any rewards, cash back, or anything like that. I did receive a few promotions, randomly, offering 0 percent interest on balance transfers for appx a year, which I have used and can't complain about. The interest rate is decently low, at least in my experience. I have had a few small annoyances with their customer service, and they have lowered my credit limit at least once. Overall, the main reason I even got or hold onto this card is primarily because I already had a Bank of America checking/savings account - and it is helpful in that you can do same day payments because of that. Otherwise, no real perks, but also no real drawbacks. Just a typical straightforward credit card.

vmeredythe

USA

My husband and I had been long time carriers of a Bank of America Visa credit card. We always paid our bill on time. When the economy took a steep downward turn which resulted in a job loss, our credit card balance went higher than usual, but was still under our limit. Even with a job loss , we continued to make at least the minimum payment on time each month. One day I decided to call and cash out some of the rewards we had built up. My request was received with a response that not only were they closing our account to future charges, but all our rewards were no longer redeemable. Seriously? Our credit scores were 750+ with no negative history and this was how they were treating us? After this negative treatment, I wouldn't carry one of their cards in my wallet ever again even if they paid me to do so.

yolanda97

Columbiaville, MI

I have been using credit card for about few months already. I try to pay on time to avoid paying high interest, thus save money in long run. it is ok to use for making small purchases. plus, you can pay online easily.

GoPink2009

Erie, PA

There is nothing like a prepackaged response when I lost all of my rewards. I have been a customer since 2005 and the bad thing I done was pay my cards off. We used them for buying materials for our company. We have done this for 7 years. We had a job that gave us the funds to pay the three cards off. I went and paid them off 4 days later I get the letter from the credit reporting talking about current economic trends and balances to high. How can they be high? I just paid them off. I don't know if we would have ever received Rewards. Our credit line was $36,000 They hide behind there credit report letter they have generated. They say check your report this is why we canceled all 3 of your cards. I had one kohls card late once on my credit report. My advice is to get your rewards before you pay off the card. bank of america is shady and dishonest entity. I will do my part to spread the word about your practices. They deserve no capital letters.

sioten

Wichita Falls, TX

So I have had a banking relationship with Bank Of America for more than 15 yrs. When I decided I was going to consolidate my accounts together and close my non BofA credit cards and move them to BofA I figured it would be an easy move. WRONG. They had me go through a credit analyst to move a $9000 balance to one of my empty BofA credit cards. I make NET $300k a year yet they said that I was a risk? My credit score is above 750. So when I called them up and talked to the analyst they were very rude and condescending. When I started to question their criteria I was told that perhaps they needed to reduce all of my credit lines. Remind you I have never been late, I have paid no less than 5X the minimum balance. Yet I was treated very poorly. I am searching for other banking relationships as we speak.

Bellman111

Mukilteo, WA

We started out with 8% and at some point they included some small writing on the monthly bill indicating that we could have an "opportunity" to opt out of paying and increase of 25% because of inactivity on our card even though our payments were always paid on time. When we asked them for the "opportunity" since we didn't remember seeing the fine print and never received emails they said no. I will never have another BOA card ever again and will never bank with them in this life time.

JennaPreston

Cayucos, CA

If you want a card that gives you various things "back", this is not for you. however, the rates are rather low and there are no annual fees. In addition, one late payment doesn't push your rate sky high.

reagan1030

Mullins, SC

Bank of America credit card is a ripoff.  They charge outrageous interest even when you have never been late.  They are very unwilling to work with you on lowering your interest rate.  Have a good fico score and never late, they are still charging way too much interest.  Had a really low promotional interest rate along with the really high purchase interest rate and could not reason with them to lower the purchase interest rate.  They said that the average interest on the account was already low.  They failed to see that I was still paying the larger interest on the purchases balance, no matter what the promotional interest rate was, and all payments get posted to the lowest interest rate first.....

vtgirl69

Sebastian, FL

When Bank Of America purchased MBNA, everything changed for the worst. Suddenly I had 2 Bank Of America cards. Although I pay my cards on time, always pay more than the minimum payments, also make an extra payment each month, and had been an MBNA customer for 10 years, my rate was increased within 3 months when BOA took over.  Although the cards are in my name only, when my husband passed away, BOA determined I was now a high risk with too much credit available, and raised my rates from 7.5% to 21.9%. When I claimed "FOUL", and "DISCRIMINATION".the rude customer service person who barely spoke English, threatened to close both of my accounts immediately and report to the credit burea that their company had closed them. I paid them off, and will never use these cards again. It was a nightmare.

sluffsey

Colonial Heights, VA