Bank of America - Punitive Limit Decrease

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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johnny five
Posts: 1
Joined: Mon Jun 08, 2009 11:47 pm
Location: Raleigh

Bank of America - Punitive Limit Decrease

Postby johnny five » Mon Jun 08, 2009 11:50 pm

Here's a new one - BoA punitively cuts a cardholder's Visa credit limit minutes after he calls customer service requesting an interest rate decrease (after they jacked it up to 28% without notice).

I've heard of limit cuts but this is shocking. :rant:

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