Bank of American hikes rates, picks your pocket

Check out this report from CBS: customers who follow the rules still get their credit card interest rate jacked up.

The Detroit Free Press reported on this about a month ago. So did MSN Money.

Because of a tough economic environment that they themselves helped create, big banks are taking it out on their customers with higher interest rates and lower credit limits.

We think that amounts to picking your pocket. Even if you pay your bills on time, and you carry a balance on your big bank credit card, you could still get pinched.

American 1 wants to help. That’s why we launched a year ago. We’ve updated the site with more examples and more articles that can help you learn why you’re being picked on by big banks.

We don’t treat our members that way. If you’re tired of the abuse, you should think about switching today.

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