Good Credit? Credit Cards Might Charge You For It

Yep in an effort to build fees and earn some money. Credit card companies are starting to charge their best customers a new annual fee.

“Loraine Mullen-Kress carries a Bank of America credit card and religiously pays off her balance.

“Flawless credit,” she boasted.

Yet now, her good credit habits could cost her. Earlier this month Bank of America started notifying customers like Mullen-Kress that they will be charged a new annual fee of $29 to $99.”

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This entry was posted on Tuesday, October 27th, 2009 at 7:26 am and is filed under Bank / Issuer. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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