Does anyone know what is "FIA card services"?

They are persumably associated with MBNA which had been bought off by Bank of America, but what does the acronym stand for and how precisely are they related to MBNA? they seem to be a shady company with underhand business practices.

I had a credit card with them for three years and never paid attention to the APR until today when I noticed that they progressively and steadily increased it WITHOUT NOTIFICATION until they suddenly hiked me a full 10 percentage points on my Oct 06 statment for no apparnet reason (my account is in excellent standing and I had never been late in payment) and the APR is now 25.24. When I called them up today and confronted them, they immediately offered to lower the APR by about 2-3 percentage points and their rep indicated that the APR hike for purchases is due to cash advances. this is perpostorous!! since we all know that we pay a hefty APR for cash adavnces in addition to transaction fees but why should that affect purchases? idiots!!

Does anyone know what is %26quot;FIA card services%26quot;?

I also have an ex-MBNA card that I have had for almost 17 years. I pay it off every month and never carry a balance. But, I too noticed that the interest rate is astronomical. And I have a perfect credit score and have never had a late payment with them ever.

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Good luck.

Does anyone know what is %26quot;FIA card services%26quot;?

loan

The FIA credit card might have been MBNA but it is a Merrill Lynch brand now.|||On January 1, 2006, MBNA Corporation merged with and into Bank of America Corporation. As a result of the merger, MBNA America Bank, National Association (%26quot;MBNA%26quot;) became a wholly-owned subsidiary of Bank of America Corporation. On June 10, 2006, MBNA changed its name to FIA Card Services, National Association (%26quot;FIA%26quot;).

On October 20, 2006, Bank of America, National Association (USA) (%26quot;BANA(USA)%26quot;), a subsidiary of Bank of America Corporation, merged with and into FIA. Coinciding with the merger of BANA(USA) with and into FIA, BA Credit Card Funding, LLC (%26quot;Funding%26quot;), a recently-formed Delaware limited liability company and an affiliate of FIA, succeeded FIA as the depositor of the BA Master Credit Card Trust II (%26quot;Master Trust II%26quot;) and the BA Credit Card Trust (%26quot;BACCT%26quot;), effective on October 20, 2006 (the %26quot;Substitution Date%26quot;).