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More evidence BoA sucks

August 22nd, 2008 at 07:34 pm

"We increased your APR [for Check Cash Advances, Direct Deposits, Cash Equivalents, ATM Cash Advances, Bank Cash Advances, Overdraft Protection Cash Advances and Returned Payments] due to the balances and APRs on this account" to 24.99%

My APR? 12.99%
My prior APR [for Check Cash Advances, etc.] 21.99%
My balance: $0.00

So who's the bad guy here? Me for having a clean account?

5 Responses to “More evidence BoA sucks”

  1. boomeyers Says:

    Dirty sons of guns! I wish they would crash along with WaMu! Sneaky low downs. Someday I will be rid of them!!

  2. thriftorama Says:

    Unfortunately, it's legal,and a lot of banks are sucking perfectly good customers with higher rates and fees because the only excuse they need is a bad economy. And with the credit crunch, they are trying to make as much money on non-housing as they can.

  3. mom-sense Says:


    I was in my mother's basement drying clothes over there today. My dryer is currently blowing only cold air - not good.

    There on the shelf was my MAD game from 5th grade - Alfred E. Neumann smiling at me just like your blog photo - Quid, Me Vexari - What, me worry? - Just thought I'd share that tidbit!

  4. baselle Says:

    Big Grin You are the deadbeat. At least 21.99% of 0 is still 0. I'm sure they will think of a new math innovation that give you a fee. I sense certain desperation amongst the banks and card companies, as if they playing the final blow-off.

  5. paulettegoddard Says:

    Responses:

    August 22 was Dorothy Parker's birthday, so I had a gimlet before posting. That's my excuse for my errors, which have since been rectified. I haven't touched that credit card in question since 2004, so it surprised me that the cash advance rate would rise as a result of my APRs and balance on the card. I agree with the commenters that it is BoA-speak for "we're desperate."

    @momsense: aha! you discovered the source of my blog title!

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