New CC fees announced for B of A

CCN is just announcing that B of A will charge credit card holders on their banks fees of $29-99 per year for the privilege of holding their cards.
The charges will appear in February they are saying on CNN. They also are saying that other banks and saying that they will follow suit with additional yearly fees.
I am glad I don't have any credit cards!:blink:

In other words, since we got busted for giving out a few billion $ in executive bonuses to our new friends at Merrill Lynch, we have decided to recoup the money by charging our customers a new fee.

I think that's about it.
They are not granting much new credit nowadays for for those that have a credit line they are now going to charge you for it! :blush2:

This is to make up for the fluctuating interest rate they won't be able to charge come February. I'll be so happy not to have to worry about that!