I was offered a zero percent balance transfer offer last year from Bank of America, the only catch (or so I thought) was I had to pay a fee of 2% up front. The rate is suppoesd to be good for 1 year. so I made the transfer on 10/15/2008, and when I received my statement with closing date 10/5/2009, I had already been charged for 1 full month of finance charge based on the new rate of 12%. I was like what the heck? Only 10.5 months later, my rate already changed from 0% t 12%???? so when i called, they claim that the clock started... read full review »