For us, it all started with a letter. Bank of America sent my parents and me a letter about raising the interest rates, because like states in the tiniest fine print at the very last paragraph of the back page of your statement, "they can exercise their right to do that at any time." Not only were they raising the rates on the credit card but they were instituting new fees,
- a transaction fee per credit card usage, both for cash advances and purchases,
- a transaction fee if you overdrew from your checking to savings account,
- a fee just for having a checking account,
- a fee just for having a savings account.
Not to mention that they had been charging me erroneous fees for the past few months that I had to keep calling them to take off. So after banking with them for 18 years, I cancelled all of our accounts with them. And I am proud that I will not be bullied by a big banker anymore. They can get their moneys from other idiots but they won't get it from me.
So good bye Bank of America. I only wish you bankruptcy. Unless you fully become nationalized.

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