On my Bank of America Credit Card, I had taken card holder security plan. They had explained me that in the case of unemployment they will pay the interest on the card. But first the process of filling unemployment of them is very cumbursome. I was working in florida earlier and moved to New Jersey for the job.

I had provided the letter of my previous company and the letter from the unemployment department from florida. But they were asking me to get their signature. I got involuntary job termination in feb. I filed this in apirl. After finding these difficulty, I decided to cancel the plan as they were still charging every month. The customer service representative keeps telling me to keep the plan till you will get the refund and that will be effective for 12 months after the unemployment starts. Three time I spoke to the representative, they asked me to continue. After the remembersment in Sept, I saw rhe charges of $60 again on my invoice and $120 of financial charges from Bank of america, I enquired to customer service representative, then she said, you have to file the claim again, and it is valid till the time of unemployment only and since you wished to continue the plan, we will put the charges on you. I explained that all three times I called for cancelling the plan, but because of customer service representative suggestion only I continued, in the impression that all these charges will be removed. But in this process I have lots all most more than $1,000. This card security holder plan seems to be a scam as it doed not help but get more money from us.

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