Me: I don’t mind paying a premium for things I want, but every time I deal with Bank of America I feel like I’m being ripped off.

Kevin: That’s because you are being ripped off.

In February I owed $450 and change. I paid $200 of it that month, and in March I owed the remainder plus a nominal interest fee. That’s fine. I didn’t pay my bill in full that month, so BoA has every right to hit me with that fee. So in March (a few days after I received the statement and well before it was due) I paid the remainder plus the new interest fee. Done. Credit card balance $0.00.

Wrong.

April statement says I owe $1.50, a “Minimum interest charge.” I’m not sure this is legal. It smacks of dirty.

Update: I called Bank of America and pointed out that I had paid my balance in full. The customer service representative checked my account, reversed the charge, and apologized for the error. Still, apparently this kind of thing happens all the time.