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Recent Questions and Answers
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Recent Credit Union Debit Card News:
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Beginning early next year Bank Of America will begin charging debit card users $5 each month for using their cards nationwide. “This new fee allows us to continue to offer the service and convenience customers have come to expect from Bank of America,” said Bank of America spokeswoman Betty Reiss in an email. “It will [...]
Democratic lawmakers are asking the Justice Department to investigate whether Bank of America and other major banks improperly worked together to charge customers new monthly fees for using their debit cards.
Beginning early next year Bank of America will begin charging debit card users $5 each month for using their cards nationwide. “This new fee allows us to continue to offer the service and convenience customers have come to expect from Bank of America,” said Bank of America spokeswoman Betty Reiss in an email. “It will [...]
WASHINGTON -- Democratic lawmakers are asking the Justice Department to investigate whether Bank of America and other major banks improperly worked together to charge customers new monthly fees for using their debit cards.
Its planned $5 fee for using a debit card has driven out into the open other fees that were long hidden to consumers. This may be a very unpopular thing to say about Bank of America and its planned $5 monthly debit card fee, but it's worth saying anyway:
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Additional Credit Union Debit Card Resources:
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