MBNA was,past tense ,highly rated by the Wall Street Journal, and i was a very satisfied Master Card customer. But now bad reputation BANK OF AMERICA has bought MBNA !! You should get out , QUICK , like i did, before all the accounting funny business BofA is infamous for eats your savings alive,,,with 2 statements/bills a month instead of one with the old reliable and reasonable MBNA, and continuing revolving LATE FEES because the mail takes a few days and you are charged again and again and again on the same balance even tho you pay it off IN FULL, and FINANCE CHARGES that the old reasonable MBNA would take off your account if you asked, but the new greedy-to-the-max BofA probably will not.
Here is just one of probably many examples of how ruthless BANK OF AMERICA has been in the recent past. A couple years ago ,before they sold out of their main San Francisco high rise office, i drove their BofA Loan Office Awards Dinner bus in S.F. I was shocked to hear loan officers just behind my seat BOASTING and BRAGGING about how they had driven this family into auto REPOSSESSION, and this couple into HOME FORECLOSURE on their house with multiple loans the family practically and theoretically could never afford, and this family into BANKRUPTCY, and on and on,,,!!! And BofA was giving them AWARDS for this plus the trip junket ?!! Isn't there laws against predatory lending,,,obviously BofA does not feel it is American or has to obey our nation's laws. BEWARE, BEWARE, BEWARE !!!
