Posts Tagged ‘balance transfer fee’

Bank of America Delays Balance Transfer Fee Increase

Posted on: January 3rd, 2008 by Kenneth Long No Comments

Bank of America quietly delayed their changes to the way they calculate balance transfer fees. Changes were to go into effect in March, 2008. They are now delayed until at least June 16, 2008.

The fee will remain at 3% of the balance transfer with a minimum fee of $10. However, the cap of $75 will be removed altogether. (more…)

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