Hey guys,
I'm seeing a lot of varying data points when I searched for this credit card here. Does anyone know if BofA is the same as citi in terms of MLA enforcement? I know with the citi AA executive, the first statement I spent $5 to be over $0 and under $1650 ($595 ÷ 0.36). The annual fee of $595 is 99% of my statement balance, which is greater than 36%, therefore violating MLA. Got my fee credited back on the first statement.
Is this the case for B of A as well? TIA!
Bank of America Premium Elite Card
byu/mikehawkkk69 inMilitaryFinance
Posted by mikehawkkk69
1 Comment
Don’t get anything bank of America wise. Read how they have failed so many times.
Also, that’s not how interest rates work. They give you a specific interest rate when you sign up for the card.