Bank of America Complaint - B of A going to charge fee for Visa now, May 2011
I've had my B of A, Visa card for mannnny years. About a month ago, say February 2011, I got an information letter with the statement saying, in May they are going to start charging about $59 or $69. I forget the exact amount.
If I wanted to pay a fee every year just to have the card, I'd get an American Express Card!
I'm going to transfer my balance to another card. I usually just pay-off my cards and hold them. Looks better on your credit score if you keep the cards open. But not if I have to pay a fee every year for nothing.
After reading the post the guy made who just opened his card with B of A. Maybe after I close it out, I'll apply for his deal & see what happens?
Reads to me like they are screwing good customers & suckering in new ones.
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