Bank of America to Charge Annual Fee on Credit Cards
A Bank of America annual fee on credit cards is coming. This Bank of America credit card annual fee is going to be tried out in order to see how it goes. ...
According to Sandra Block from USA Today, Bank of America is going to start charging the annual fees of a small number of customers during 2010. What they mean by "small number" hasn't been revealed yet, but it has to range from thousands to millions of their customers. These Bank of America customers are going to be charged an annual fee that ranges from $29 up to $99. This will solely be for the privilege of holding a Bank of America credit card, and will serve as a fee that is automatically charged to everyone that is placed within the test group.
Hey, why not? As long as the system is going to the dogs, grab what you can.
I would rather them charge a flat yearly fee then try and get more through 'fees' and overdraft fees, and bounced check fees....