@Anonymous wrote:
I understand. I would write a letter. Yes they can change your APR if they believe your account has become riskier. Yes they can lower your CL but they cannot change your AF with a product change. They may have TRIED it, but doesn't mean it will stick. I asked a lot of long term BofA associates at US Trust and wealth management and they were adamant about this. But....as other posters have stated if a bank doesn't want your business and makes it expensive, leave and find someone who does. You'll keep the age of account for 10 years, or more. I paid an auto loan off in 2002 and it is still reporting
Weird thing is, I just called BOA to confirm the annual fee and now they are telling me I don't have one.
