The Implications of the Bank of America Credit Card Customer Bash-Up

In January of this year the credit card division of Bank of America sent a letter to some of its 40 million credit card customers telling them by fiat that they were jacking up the interest rates on their BoA credit cards to as high as 28%. There was no explanation given about why this was happening. In many cases the cardholders were responsible citizens who paid their bills on time and were not experiencing any life changing financial difficulties that would have suddenly made them a high credit risk. So what gives?

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Best Credit Card For Travelers

Credit cards are essential for every traveler. You can use it to purchase your gas and utilities, you can use it to finance your hotel and accommodations, and you can even use this card to book your flights.

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Best Credit Cards for Bad Credit

Has your card application been rejected? Stop for a moment to think about the reason – is it your poor credit rating or your profile? If that is the case then try the top bad credit cards for rebuilding your credit rating. Find out more about other benefits.

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