In 05 I settled with FIA Card Services on a card balance. The agreement was that I would pay the principal off on a card. The interest would be waived. Great! I paid it. Nothing more until now-- I just got a letter from the IRS that FIA Card Services sent them a notification that I have an increase in income to the tune of over $1600... Now my taxes for 06 have been recalculated and I have back taxes and interest to pay. The total is more than I owed in the first place...
If I owe taxes for 'cancellation of debt', fine, but I should have been told this would be reported and at the very least get a 1099...

My husband had a FIA card for 19 years. For reasons unknown, he was ratejacked years ago to 27% interest. We of course stopped using the card. He called to see if he could get that rate reduced to be more in line with his other cards. They refused and DH cancelled the card.

His FICO scores are all above 800. If he doesn't qualify for decent rates who does?

THIS COMPANY RAISE IT RATES ANY TIME THEY WANT TO AND BASICALLY TELL YOU THAT IF YOU DO NOT LIKE IT THAT IS TO BAD-PAY US OFF THE BALANCE TODAY AND YOU DO NOT HAVE TO DEAL WITH US-THE FINANCE CHARGES ARE JUST AS BAD IF NOT WORSE -THEY ROSE MINE 30 DOLLARS A MONTH- STARTING IN THE BEGINNING OF 2008-I WOULD LIKE TO KNOW WHO I CAN CONTACT-WHO REGULATES THESE COMPANIES-THEY DO WHAT EVER THEY WANT AND NOTHING IS SAID OR DONE ABOUT IT -SEEMS LIKE WALL STREET DID THE SAME THING AND YOU CAN SEE WHAT HAPPENED THERE-THESE CRUMBS BLEED THERE CUSTOMERS DRY -I WOULD APPRECIATE ANY ASSISTANCE ON WHO I CAN CONTACT-PLEASE E-MAIL ME -THANK YOU-HAVE A NICE DAY.

STAY AWAY!! READ THIS CAREFULLY!! My son who is in his early twenties received a credit card branded Harris Bank managed by FIA Card Services. He moved and missed a payment. My son and I have the same first and last name but different middle initial. FIA Card services uses a collection agency called ACT Collection Services in Kansas City. ACT Collection Services uses a third party service obviously from India. I received a phone call asking about a card that I did not own and after a few phone calls, established that it was not mine but my sons. I told them that I would contact my son and that they should no longer call me as he does not live here and is on his own. The phone calls continued - ACT continued to call my wife's business line and any relatives who shared our same last name. This morning I received a call again from a person from India who told me "we are going to keep calling you until we hear from your son." That was it for me - I called and spoke to people from ACT, FIA, BAnk of America (who I believe owns FIA), and will contact Harris Bank. No relatives of a cardholder should be harassed that way. I am reporting them to the state's attorney and all agencies concerned with this and will continue to spread the word about these practices. My advice is to stay away from any credit cards managed by FIA Card Services.

The fraud dept. at FIA Card Services aka Bank Of America is crazy. They closed an account over a year and a half ago due to fraudulent activity and opened me a new account. They said all the fraud charges were taken care of and I signed an affidavit. The newer account was closed in Nov 2007 due to divorce and was paid in full in the settlement. In Feb. 2008 I received a statement for $218 owed due to charges that had been found on the original account. It was from a Best Western in Europe and I have never even been to Europe. I have signed affidavits, talked on the phone for hours (mostly to people with an accent from another country) only to be told the issue is resolved then a month later the nightmare comes back in the mail. Today I faxed them 15 pages of items i had received, filled out, etc... from them. I sent it 2 times and sent the affidavit 5 times plus I am mailing it. This has been one of the worse experiences ever!!! They are sooooo screwed up. I wish I had never heard of them! Beware, stay away, close your account while you can!!!