Has anyone noticed the small changes? Like $25,000 limit is Now $12,000. Any other changes out there? I think they are charging now for owning the card. Mine was free. They are forcing people to save their money.

Has anyone really seen any change from the last years card? If so what? (BofA)


WIRE

quote:

Originally posted by Wire Paladin:
Has anyone noticed the small changes? Like $25,000 limit is Now $12,000. Any other changes out there? I think they are charging now for owning the card. Mine was free. They are forcing people to save their money.

Has anyone really seen any change from the last years card? If so what? (BofA)


WIRE

Other than them pushing a stupid "Black Card" for a fee of $450.00 a year the only changes I have seen is an increase in interest rates. I have not had any credit limit reductions or fees added.

I don't care about the interest because I don't carry balances but I did cancel Discover because they went over 15% and pissed me off.

Here are some stories. You can google and find stories like this.

Link

Just google BofA Mastercard problems.

I do own my home, if I charge anything it's paid and never carried over. Debt free, been that way FOR 10 years.

Business owners need to set up an escrow account. Never use it for your own business and pay cash.

By the way the banks are leaving the USA with their bail out money and setting up in the new frontier. Guess where that is? Follow the money. The banks want to go to China now. Where to new money is. Forcing big spenders to save and pay cash here.

Your BofA ATM card is good in China.

Link

WIRE

Credit Card companies are the Devil. I am begining to think Tyler Durden had the right idea.

B of A area bunch of crooks. In December '08 they took my 9.9% card which I have had for probably 12 years and bumped it to 27.99% for no reason whatsoever other than they could. Never a late payment, always a balance. They made money off me on this card but I guess it wasn't good enough for them. I subsequently closed the account, am shopping for another mortgage lender and will never do business with them again.

Wells Fargo has been true to me through this entire economic downturn.

Redwood Credit Union is supposedly good.

Patelco has low interest loans.

quote:

Originally posted by b335494:
Redwood Credit Union is supposedly good.

Patelco has low interest loans.

I always heard good things about RCU but when I was looking for a business loan to do a major inventory refresh they turned me down. This was during the, we'll lend money to your infant if he has a pulse era. I subsequently did it through a Leasing company I do a lot of business with and they floated the funds for a year @ 5%. RCU had a chance and they balked.

I am a "support local business" kind of guy and will often pay a little more to do business with places that support the local economy. Too bad banks and credit unions fail to see this as a plus to them.

I do agree doing local, my Master Card started at the Exchange Bank. They sold it to MBNA, then BofA bought it from them. At one time I had a second from Southwest Air card but dropped that one. Sense I don't fly as much. Didn't really need two cards. Now I wish I dropped the MBNA card instead which is the darn BofA. I would never want to do any banking with BofA, but was forced to. Been with the Exchange Bank sense the fifties. A saving account in the schools.

Do they do that anymore?

WIRE