Bank of America Bad dealings

[Phuloi68]

I have a situation here that I wonder if others have gone thru and what was the outcome.
I have a Bank Of America charge card with a large balance on it. In about seven years I have made late payments 2 times. A long time ago and last month. This month my statement shows they increased my interest rate from 5.9 % to 22.9% because of this. I called them and aske WTF...
I was told I should be happy they didn't raise it to 30%, which the could do. By then, I was really pissed and had attitude. The customer service guy got real nasty with me (I probably deserved it) which I thought was not good on his part.
Well, I desided to pay it off and never do business with them again.
Yesterday I called to get my payoff as of today. My statement shows 'X" amount and they gave me a total of $305 more then the statement. I asked what they were doing.
I was told I had to pay that extra $305 to close my account because they will be loosing, NOW GET THIS, future financial interest and residual interest.< .
I got no problem paying my dept but to pay this extra charge to close this out I am against!