BofA cancels plans for $5 a month debit-card fee

Bank of America abandoned plans to charge customers $5 a month to use their debit cards, marking a high-profile retreat for a fee that became emblematic of the current populist outrage against Wall Street. The uproar against BofA illustrates the deep-seated anger and resentment many Americans feel ...

Related News:-

• Bank of America to charge $5/mth debit card fee


NEW YORK (MarketWatch) -- Bank of America Corp. /quotes/zigman/190927/quotes/nls/bac BAC +1.80%, the largest U.S. bank by assets, plans to charge customers a $5 monthly fee for ...

• Bank of America's Website Crashes After $5 Debit Fee Announcement


LOS ANGELES (KTLA) -- One day after Bank of America announced it plans to start charging customers who make debit card purchases, the company's website crashed. The Bank of ...

• Bank Of America Plans To Charge Monthly $5 Debit Card Usage Fee ...


Bank of America will charge customers $5 per month to use their debit card starting in early 2012, according to Dow Jones Newswires. The fee will apply to customers ...

• Bank of America plans $5/month debit card fee - Silicon Valley ...


Bank of America Corp. will start charging a $5 monthly fee next year for customers'...

• Boo! Bank Of America To Charge $5 Monthly Fee For Debit Card Purchases


Ugh! And the rich get richer! Bank of America is implementing a pretty yucky new policy onto their customers. Starting early 2012, customers who use their debit cards at least ...

• Bank of America Is Latest to Add $5 Debit Card Fee


Bank of America will start charging debit-card users $5 a month to pay for purchases. The move comes as the cards increasingly replace cash and as banks look for ways to offset ...

• Bank of America to charge $5 per month fee to all debit card users ...


Though the bank will use the fee money to help increase revenue, the move is seen as biased against less wealthy clients. They are more likely to use a debit card as they are ...

• CBS MoneyWatch.com - Personal finance advice, analysis and ...


Smart, practical personal finance advice about your retirement, investing, savings, career and real estate. Keep up to date on the latest economic news that actually means ...

• Bank of America Rethinking Debit Card Fees


LOS ANGELES -- Bank of America, after receiving heavy public criticism for a planned $5-per-month debit card fee, is likely to give customers more ways to avoid the fee, a ...