There is still time to Opt Out from Bank of America's attempt to jack your interest rates up on their VISA World Points cards. Many consumers are reporting a 4 fold interest rate increase.

You may have missed the fine print on the bill a few months ago indicating their proposed change in terms.

But for many of us who don't use the card on a daily basis, we still had an opportunity to OPT OUT and close the account, retaining our previous 5.9% interest for the life of our loan.

The agent I spoke with told me that 289,000 customers have chosen that option. I am proud to be one of them.