Bank Of America Treats Parking Meter Payments As Cash Advances, Charges $10 Fee

Bank Of America Treats Parking Meter Payments As Cash Advances, Charges $10 Fee

Reader Gary used his Bank of America credit card to pay $2 on a parking meter in Washington, DC. Bank of America treated it as a cash advance and slapped him with a $10 fee, as well as a higher APR. When Gary called to complain, he learned that it wasn’t an error: Bank of America has started treating payments to parking meters as cash advances and may even treat all payments to government entities as cash advances.