Comments on: Bank of America Raising Interest on Certain Card Accounts http://www.visioncredit.org/bank-of-america-raising-interest-on-certain-card-accounts/ Your Nonprofit Credit Counseling Organization Sat, 13 Mar 2010 20:07:39 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Lori http://www.visioncredit.org/bank-of-america-raising-interest-on-certain-card-accounts/comment-page-1/#comment-6172 Lori Thu, 25 Jun 2009 21:47:49 +0000 http://www.visioncredit.org/?p=1024#comment-6172 Just came across this older article and it's almost laughable now...BOA is not doing this just to accounts with high balances, "barely minimum" monthly payments being made etc...they are doing it to customers who are a good and solid credit risk. Just came across this older article and it’s almost laughable now…BOA is not doing this just to accounts with high balances, “barely minimum” monthly payments being made etc…they are doing it to customers who are a good and solid credit risk.

]]> By: Kenneth Long http://www.visioncredit.org/bank-of-america-raising-interest-on-certain-card-accounts/comment-page-1/#comment-2886 Kenneth Long Mon, 13 Apr 2009 14:08:17 +0000 http://www.visioncredit.org/?p=1024#comment-2886 UPDATE: Consumer Affairs has provided more information about rate increases for Bank of America cardholders: "Starting with the June statements, stiff increases are being applied to customers whose interest rate has been below 10% and who carry a monthly balance, the bank said. Exact numbers aren't being released but estimates of consumers affected range as high as four million of Bank of America's 70 million credit card customers." UPDATE: Consumer Affairs has provided more information about rate increases for Bank of America cardholders:

“Starting with the June statements, stiff increases are being applied to customers whose interest rate has been below 10% and who carry a monthly balance, the bank said. Exact numbers aren’t being released but estimates of consumers affected range as high as four million of Bank of America’s 70 million credit card customers.”

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