World's WORST Credit Card? I couldn't make this up.

What a story! I don’t do any business with B of A, heard too many horror stories years ago to take a chance on them. Things like disappearing deposits and worse. Glad you “hopefully” have it all resolved.

I paid off both my credit cards and then cut them up! Never again I’d rather pay cash, cheque, money order or Paypal. The reason I paid them off is because the interest rates were ridiculous and credit cards are just a little too convenient so I decided it’s best I just pay them off and cut them up. the Canadian Tire credit card was the worst! They harrassed me almost on a daily basis so I paid it off and told them off!!!! LOL

Good to know. Sometimes those little lessons are rather greedy of our time just to straighten them out too aren’t they? You mention cutting through the phone tree. Well I had heard that punching all kinds of random numbers would get you a rep. I did not necessarily believe this, but one time I tried it, figuring if nothing else I could punch numbers to rid me of the frustration, LOL. It worked! Could have been a fluke but…..

Hey JS. I heard those stories about B of A also. I use my local credit union’s credit card, I like being able to always get a human, and one that talks English too. wow, what a concept that is! I can pay it off each month right there at the CU when I am there if I want. We also had a Chase before and it was always an actual human I talked to on the phone too. More of us need to “ban the robot” on the phone….

I find that I do “fine” w/ my BoA CC as long as I pay in full, every month, without fail.
I recently discovered that most, perhaps not all CC companies are charging something that is basically a “minimum service charge” if any portion of a balance due isn’t paid during any portion of a month, even if I pay the balance due in full by the due date (if I had carried a balance from the previous month. So I’ve made a mental note that even in those rare situations where I decide to spread out a payoff over a couple or three months, I make sure not to let a smallish balance wait for next month. Fortunately, most of our bill paying now is done online, so it’s not such a huge deal to tell my bank to pay the $1.50 SC. Must be making an impression—when my new BoA card needed to be activated recently, I was immediately put through to a “real person” who proudly informed me that my formerly 23+% interest rate has now been reduced to “only” 11% (variable, of course….) I’m soooooo glad to finally be reasonably financially secure.
Poor big box banks, they have to make their money somewhere??? Do ya see me crying…

We changed from BoA a lonnnng time back! Horrible, horrible, horrible! My sister signed up with them – I warned her about them, but she had to find out the hard way – she too, has since cancelled her business/personal association with BoA.
They really should get a clue!

If I carried a balance on my credit union card it would be 8.9 percent. Love that rate.

Just my 2 cents worth having had my own experiences and after reading here and in another thread about PP…

They are all greedy crooks and know that they can get away with most anything unless challenged and sometimes even then. I’ll agree that Chase has relatively better CS but they are at the top of the list (we banked with them for years). Honestly, I’ve thought about starting to do all our banking at Folgers or Hills Brothers. They are open 24/7, no pesky fees and the customer service couldn’t be better!!

Just be sure to call or write and cancel the card, as opposed to just cutting it up and not using it.

It’s not always easy to avoid places like BoA. I’m in Canada, and don’t deal with them, but, wait! One of my CCs was taken over by them, so now I’m a customer whether I like it or not.

I’m going to close that account soon anyway.

There is a huge Bank of America protest in Charlotte right now.

I hear your pain on b of a, however i have had b of a for several years and i have had my share of problems but i have always went directly to the bank and they have always fixed the problem. That is going personaly to the bank and letting the home town people handle the problem rather than through corporate (where we all know corporate always makes the problem bigger than it should be). So I will stay with b of a because of the hometown help they provide. Here in my town we have lots of banks but they do not provide the personal hometown help like wells fargo etc.

I think they passed a law banning most of these unscrupulous tactics. It takes effect either some time this year or next year. I wonder if it’s retroactive?

b of a is full of a……. is the general consensus of those who’ve used it in the past. They’re horrible, simple horrible; not just in terms of hidden fees, but in their gross lack of customer service!

As I said, js, read “the fine print”—“pre-approved” apparently is actually defined as “we think you’re a living breathing person who might be able to fill out the paperwork for this card, and then MAYBE you’ll meet our secret criteria and be issued a credit card”. I even called the phone number on my rejection letter, to ask WTH was the basis for the denial—yes, I talked w/ a person, who had no clue why and didn’t care that my actual bank considers me one of its best customers, and said that all he could do was transfer my call to “customer service” which turned out to be a euphemism for the people who wanted me to put in for a secured card—not even the same company that I originally applied to and neither one was actually a part of my credit union. If my CU didn’t have such great interest rates on their consumer loans, I would be closing that account too, just because I’m so miffed that they’ve allowed their good name to be associated w/ this bunch of sheisters.