CE received what he and Mrs. CE thought was an amazing offer from Bank of America. The choice of 0% interest rate until March 2018 or 1.99% until June 2018. WOW! Thank you Bank Of America. But as the good books says, “there is no such thing as a free lunch” or in other words caveat emptor-buyer beware. I stopped by our local BOA branch and spoke with customer service rep Leslie. Leslie reviewed the form with me and although it took a while and although the FAQ section did not refer to any fees, we did manage to locate the section that advises that for each transaction the bank charges a 4% fee. So in other words in the Bank of America world 0 =s 4.
p.s we are working on an explosive post. So stay tuned.
