Daily October-02-2011 Bank of America Debit Card
The change in debit card terms has been gradual. Most recently, Bank of America announced its plans to levy a $5 monthly fee for making debit-card purchases starting next year. Banks including Wells Fargo, SunTrust and Chase have already eliminated debit rewards programs, and Chase, PNC and TD Bank are testing ATM fees as high as $5 a pop in some markets.
What's the least-friendly piece of plastic in your wallet? With Bank of America's recent announcement that it will start charging for debit card use, upset customers might say there's a strong argument it's the debit card — and increasingly, there are better alternatives.
http://finance.yahoo.com/banking-budgeting/article/113596/time-ditch-debit-card-smartmoney?mod=bb-checking_savings
What's the least-friendly piece of plastic in your wallet? With Bank of America's recent announcement that it will start charging for debit card use, upset customers might say there's a strong argument it's the debit card — and increasingly, there are better alternatives.
http://finance.yahoo.com/banking-budgeting/article/113596/time-ditch-debit-card-smartmoney?mod=bb-checking_savings
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