September 29, 2011

Bank of America’s $5 Per Month Debit Card Fee Is A Sign Of The Times

"Bank of America, Chase and Wells Fargo (who each have been testing $3-a-month fees for debit cards in some markets) and other banks are looking for ways to recoup some of the money they’re not going to be collecting anymore starting Saturday when new rules go into effect that limit "swipe fees," Bloomberg News reports.”

More here.

  1. angelaliz reblogged this from progressivefriends
  2. iamwerepandahearmeroar reblogged this from progressivefriends
  3. twesg reblogged this from progressivefriends and added:
    Considering the fact that they paid no taxes in 2010 and received a bailout of what was it - $billion, I believe … I...
  4. everswimming reblogged this from progressivefriends and added:
    This is getting crazy. I am seriously considering going with a credit union at this point. They don’t usually have...
  5. progressivefriends posted this
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