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.

Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

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READ  I Can't Qualify for a Balance Transfer Credit Card Anymore



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.

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