Post Tagged with: "Debit Card Fee"
Bank of America axes $5 debit card fee
So the day after Suntrust decides to axe the debit card fee, Bank of America said Tuesday it’s axing its plan to charge a $5 fee for customers who use their debit cards to make purchases. In September, the bank announced that it would begin charging most customers the monthly fee early next year. But [...]
SunTrust, Regions latest banks to retreat on debit fees
Finally there is some good news for the average consumer on the banking front as the big banks’ race to backpedal on controversial debit card fees has picked up speed. SunTrust (STI, Fortune 500), a large regional bank based in Atlanta, announced Monday that it will no longer charge $5 a month for debit card [...]
Bank of America to charge $5 monthly debit card fee
It appears that the good ol’ days of debit cards are back as Bank of America becomes the latest bank to slap the debit card fee on consumers. According to CNNMoney, Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases. Whether [...]
