USER REVIEWS (Shame on Bank of America)
Capital One
I have been a customer of Capital One for several years. During that time I have made all payments as agreed and have not been late or over the limit.
I opened the account based on an interest rate of 7.99%. This was not a promotional interest rate. I received a notice May 15, 2009 advising me that my interest rate would increase from 7.99% to 17.99%. beginning August 1, 2009. The new interest rate is levied on the EXISTING balance and any new charges.
If I do not accept the offer, Capital One will close my account, make the balance... read full review »
Bank of America - Hawaiian Airlines Charge Account
I have been a customer of Bank America for one year. During that time I accepted a promotional offer for a low rate charge card with no annual fee. Since opening the account I have paid as agreed and have not been late or gone over my limit.
I received a notice on June 22, 2009 advising me that a $50 annual fee would be charged as of July 1, 2009.
Bank of America did not give me enough notice to decide whether to pay the account off and and close the account to avoid the fee. If I do not accept the fee, my account will... read full review »
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