I have a bank of america credit card and they keep raising my interest rate and?
it is now at 33%. they keep giving me overlimit fees because i amke the minimum payment but if the interest puts it over the limit then i get a 40.00 overlimit fee. i have put 500.00 on this card and they won’t work with me. what can i do?
Definitely transfer the balance to a 0% interest card right away! Chase bank almost ALWAYS has one you may qualify for. But only make credit card switches like this this one time, pay off the card before the 0% intro rate ends and then either get rid of it or save it only for emergency uses!! There are some really great tips in the other responses! If for some reason you do not get approved for another card with 0% then call BofA and close the credit card account you have. That way you are only paying off what you have already built up. You wont be able to put any more purchases on the card so your balance will stay below the threshold. And at least you can avoid the overlimit fees.