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

    1. FewPermission6114 on

      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.

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