Banking Debt Articles

Bank of America Set to Raise Balance Transfer Fees

Making a balance transfer to a Bank of America Card just got a lot more expensive. On Jun 1 the fee charged when you transfer a balance to a Bank of America card will go from 3% of the balance to 4%.

This move is just another is ways for banks to increase income and revenue. From raising interest rates to lowering limits to trip up consumers, now this.

Get Out of Debt Guy – Twitter, G+, Facebook

READ  Bank of America Sues Fidelity Land Trust With Foreclosure Action

About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Share a Comment / Leave a Reply

Scroll to Top
%d bloggers like this: