Blacknbengal
Well-Known Member
Bank of America (BAC), drowning in financial problems, plans to add a $5 monthly fee for customers who make debit card purchases.
The Dow Jones news service uncovered the plans after seeing an internal memo sent to bank executives Thursday. It's safe to say that customers will be outraged if the new charges start early next year as planned.
The fee will kick in only during the months when customers use their debit cards to make a purchase, Dow Jones reports. If you use your debit card only at an ATM, you won't get charged.
http://money.msn.com/top-stocks/post.aspx?post=c8062c4c-8042-44b4-a118-0b82e1637105>1=33002
The Dow Jones news service uncovered the plans after seeing an internal memo sent to bank executives Thursday. It's safe to say that customers will be outraged if the new charges start early next year as planned.
The fee will kick in only during the months when customers use their debit cards to make a purchase, Dow Jones reports. If you use your debit card only at an ATM, you won't get charged.
http://money.msn.com/top-stocks/post.aspx?post=c8062c4c-8042-44b4-a118-0b82e1637105>1=33002