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My BofA (formerly MBNA) CC company sent me an ammendment notice.

From ammendment statement--
Minimum Finance charge for Periodic Rate Finance charges in all balance categories is less than 1.50, then a minimum Finance Charge of $1.50 will be assessed on the account in lieu of any Periodic Rate Finance Charge.

We added a Minimum Finance Charge to you account primarily due to a change in our business practices.


I guess I just need to make sure I don't have small balances left on my BofA CCs, that would trigger $1.50 Finance Charges. Looking back on my CC spreadsheets, I see it would have triggered five times in the last 2.5 years (once in the past year)


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