Total Merchants – Merchant Account Info & Credit Card Processing Blog
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BofA: Credit Card Rates Won’t Go up Ahead of Law (ABC News)

October 6, 2009 by admin · Leave a Comment 

Bank of America vows not to change credit card terms before February; rates could still rise

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BofA: Credit Card Rates Won’t Go up Ahead of Law (ABC News)

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BofA: Credit card rates won’t go up ahead of law (San Francisco Chronicle)

October 6, 2009 by admin · Leave a Comment 

Bank of America Corp. on Tuesday pledged not to hike credit card interest rates or fees before a new law intended to reform industry practices takes effect in February

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BofA: Credit card rates won’t go up ahead of law (San Francisco Chronicle)

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BofA Won’t Change Credit Card Terms Ahead of New Rules (Fox News)

October 6, 2009 by admin · Leave a Comment 

Bank of America (BAC) said Tuesday it will not change the terms on consumer credit card accounts ahead of reform legislation slated to go into effect early next year, according to a letter released by a lawmaker on Tuesday.

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BofA Won’t Change Credit Card Terms Ahead of New Rules (Fox News)

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Bank of America Vows to Maintain Credit-Card Rates Ahead of Law (Bloomberg)

October 6, 2009 by admin · Leave a Comment 

Oct. 6 (Bloomberg) — Bank of America Corp., the biggest U.S. bank, vowed to keep consumer credit-card fees and interest rates unchanged until federal regulations take effect next year.

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Bank of America Vows to Maintain Credit-Card Rates Ahead of Law (Bloomberg)