Is Bank Of America Of Trying To Skirt The CARD Act With New Annual Fees?

Is Bank Of America Of Trying To Skirt The CARD Act With New Annual Fees?

In a series of recent posts, WalletBlog has accused Bank of America of breaking the spirit of its “no new fees” promise and of potentially breaking the law next year, after it announced it will introduce annual fees on some existing credit card accounts in 2010.