Bank of America Credit Cards - BOA takes advantage of clients - charging RIDICULOUSLY high interest rates
MASSACHUSETTS -- Credit Card Interest rates are RIDICULOUSLY HIGH! They fool you into thinking you'll get the "lower" of the rates if your credit is good and you are a customer in good standing. I have a very good credit rating and pay more than the monthly payment, on-time each month. When I applied for the card it had 0% interest and would go up to 13% - 20% after the introductory period - they immediately jumped to 20%, which I have never paid in MY LIFE. There's absolutely no reason the interest should be that high based on my credit history. They are totally taking advantage of people - in this economy no less. I wouldn't be surprised if they go out of business. I know I will never do business with them again - ever!!!!