Bank Of America Raised interest rate to 30% with NO NOTICE, bad customer service too Wilmington Delaware
I have perfect credit and excellent history.
I noticed my recent credit statement showed an interest rate of 29.99% from the 11% it was months prior. This is on a $18k card with a $20k limit.
I called and asked them to reduce the rate and give me a refund on money. They were extremely rude and did nothing. They even closed my card. It was a horrible experience.
I'm going back to Citi cards. I have filed complaints with the AG and BBB as well.
DO NOT DO BUSINESS WITH BANK OF AMERICA!!!
A sanford
Merrimack, New Hampshire
U.S.A.
1 Updates & Rebuttals
Karl
Highlands Ranch,Colorado,
U.S.A.
THE COLLAPSE HAS BEEN TRIGGERED!!!!!
#2Consumer Comment
Thu, June 11, 2009
When banks are raising interest rates on consumers who have good credit, you can be CERTAIN that they're in DEEP TROUBLE! Keep in mind, the FED has LOWERED the rate to around 0% to .25%, correct? These banks SHOULD be LOWERING interest rates to their customers, wouldn't you agree?
'Google' this- RIP OFF REPORT GM CREDIT CARD SERVICES, and read Betty's Rip Off Report from the summer of 2007.
Look what GM Credit Card Services did to her! They RAISED her rate from 10.99% to 32.44%. Also pay attention to what was stated in the '1st Update' to that Rip Off Report regarding- QUOTE: 'The Collapse of the U.S. economy'.
And look what happened to GM shortly after they did this to her! GM all but COLLAPSED, didn't they? And TAXPAYERS are BAILING THEM OUT, aren't they?
WELCOME TO THE BIGGEST PONZI SCHEME OF ALL- THE U.S. ECONOMY!