Ah, Bank of America, you magnificent bastards

[dvandom]

Two pieces of mail from Bank of America today.

Envelope 1. Notice that the fees for things like cash advances (including cash advance checks) are increasing to 4% of transaction with a minimum of $10, and foreign transaction fees are increasing to 3% (I accidentally used my BoA card to pay for my room in Canada, fortunately got reimbursed for the transaction fee by the school).

Envelope 2. A pile of cash advance checks promising a low APR on cash advances.

Implication: QUICK! Use all these cash advance checks before they cost $10 each to use!

Comments

[ebony14.livejournal.com]

I hate those checks; I get them from Chase all the time. They're about as big a risk of identity fraud as exists today, unless someone steals your wallet.

[dvandom.livejournal.com]

I keep a hand-cranked check shredder on hand to shred every cash advance check I get.

[gary-williams.livejournal.com]

You can call their customer service number and request that they not send you the checks. I keep procrastinating calling Chase about that.

[scavgraphics.livejournal.com]

yeah, got the same BoA mail yesturday.

I only use the card when i'm somewhere that doesn't take discover, so...