Limit Spending by Applying for a Prepaid Credit Card Dodd Proposes Credit Card Rate Freeze AFTER Rates Hit 29%
Oct 26
Bank of America (NYSE: BAC) is experimenting with charging customers new annual fees on previously fee-free credit cards for approximately 1% of its customers. Many consumers have reported online that people are receiving fees between $29 and $49, with the highest report annual fee being sent out being $59.00. Bank of America is essentially testing the waters to determine what sort of annual fees their customers will stomach before cancelling their cards by charging customers different levels

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