Bank of America Complaint

If you have a Bank of America...

Reviewed by JerryMarculm
Complaint

If you have a Bank of America Credit card at a low interest rate, do not miss a payment or they will raise your interest rate to 32 percent for the next 6 months before they will drop the interest rate in the slightest. Do like we did, pay them off and cance your... More...

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susanm says: (9 months ago)

This happened to me, but for a different reason. I paid online and it got posted to a promotional account instead of my actual account. So I resolved the problem and had the money transferred to the correct account, and they also credited my late payment fee of $39. But then they raised by interest rate for 5.9 to 29%. I have tried several times to explain what happened and have the interest rate returned to its original rate, but they tell me they don't have the authority to do so.

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