• Report: #392324

Complaint Review: Bank Of America - Mbna Credit Card

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  • Submitted: Tue, November 18, 2008
  • Updated: Thu, January 08, 2009

  • Reported By:western ma Massachusetts
Bank Of America - Mbna Credit Card
bankofamerica.com Wilmington, Delaware U.S.A.
  • Phone:
  • Web:
  • Category: Banks

Bank Of America - Mbna Credit Card bank of america raises rates from 10.99 fixed to 20.89 variable with no reason what so ever!! Wilmington Delaware

*Consumer Comment: Bank of america gets away with screwing people

*Author of original report: they should be sued by america citizens and taxpayers

*Author of original report: they should be sued by america citizens and taxpayers

*Author of original report: they should be sued by america citizens and taxpayers

*Author of original report: they should be sued by america citizens and taxpayers

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i had mbna platinum card for 15 years and suddenly they were bought out by bank of america. i have never been lated or missed a payment ever on this or any other card i have and my fico scores range from 700-735. suddenly this month they change my rate from 10.99 fixed to a 20.89 variable for no reason what so ever also before the next bill when rate takes affect the minium due went up 150% on the same balance without any prior notice at all! of course is sent them the opt out notice as soon as i recieved the statment with notice of changes to the rate in fact i sent it certified mail to prove it was mailed! these people are the biggest crooks in the world its one thing to raise rates if late or defaulted but its another thing to double the fixed rate and make it variable on a 15 year account holder never late with good credit!
i hope that this sh%thole bank goes bankrupt i am writing my congressmen to make express my opinion that such a terrible scam bank like this does not recieve any bailout money from taxpayers in fact i feel they should not be able to use the word "america" in the name of the bank its an insult!!!
everyday thereis tons of new complaints about this bank and even business week apparently wrote a story about this banks bad business practices called " a card you want to toss" google it and see for yourself! i knew my mbna account i had been most satisfied with for years was gonna take a turn for the worse when these criminals bought them out!

big KB
western ma, Massachusetts
U.S.A.

This report was posted on Ripoff Report on 11/18/2008 08:57 AM and is a permanent record located here: http://www.ripoffreport.com/r/Bank-Of-America-Mbna-Credit-Card/Wilmington-Delaware/Bank-Of-America-Mbna-Credit-Card-bank-of-america-raises-rates-from-1099-fixed-to-2089-392324. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
0Author 5Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Bank of america gets away with screwing people

AUTHOR: Charles - (U.S.A.)

Bank of america gets away with screwing with people & you have to put up with these morons who love bank of america.

If a merchant or business makes an unauthorized transaction bank of america blames you for the problem.
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#2 Author of original report

they should be sued by america citizens and taxpayers

AUTHOR: Samsung side by side - (U.S.A.)

they should be sued for using the word america in the name this is really the bank of saudi arabia and thats what they should call it and this company is nothing more than terrorists finacially attacking america!
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#3 Author of original report

they should be sued by america citizens and taxpayers

AUTHOR: Samsung side by side - (U.S.A.)

they should be sued for using the word america in the name this is really the bank of saudi arabia and thats what they should call it and this company is nothing more than terrorists finacially attacking america!
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#4 Author of original report

they should be sued by america citizens and taxpayers

AUTHOR: Samsung side by side - (U.S.A.)

they should be sued for using the word america in the name this is really the bank of saudi arabia and thats what they should call it and this company is nothing more than terrorists finacially attacking america!
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#5 Author of original report

they should be sued by america citizens and taxpayers

AUTHOR: Samsung side by side - (U.S.A.)

they should be sued for using the word america in the name this is really the bank of saudi arabia and thats what they should call it and this company is nothing more than terrorists finacially attacking america!
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