Bank of America Drops Debit Card Fee

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Posted: 9:13 AM Nov 1, 2011 Bank of America Drops Debit Card Fee Bank of America, under pressure from its customers and its competitors, dropped a planned fee for debit card usage. Reporter: Jim Hanchett Email Address: jim.hanchett@newsplex.com

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by john on Nov 1, 2011 at 11:50 PM

I'm sure they didn't lose many people. I was never going leave anyway. They been Good to me

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by Credit Union Here I Come on Nov 2, 2011 at 09:20 AM in reply to john

They lost enough since the credit union had to move to a bigger location, when going to B of A they are offering all kind of promotions high maintenance fee. I guess you have allot of money for their fees and are not one of the people who count on every penny they earn.

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by MYOB on Nov 3, 2011 at 09:58 AM in reply to john

"They been good to me." Where did you learn English?

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by XYZ Location: Va on Nov 1, 2011 at 07:34 PM

They'll find something else to charge you for!

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by fedup on Nov 1, 2011 at 03:55 PM

I believe Suntrust has also dropped their pan to charge $5 a month for customers to use their own money. Wonder if Suntrust is still going to charge a $15 maintenance fee for customers with a money market account of less than $5,000. Needless to say, I took my $ and my business elsewhere.

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by Not Your Customer on Nov 1, 2011 at 02:11 PM

The people have spoken! But its too late because those money hungry banks have lost a huge amount of customers over this non-sense. But you can bet they will find another way to get that $5 fee anyway, dequised as something else. Wasn't BOA, one of the banks that cried & got gov't assistance last year? And aren't they the ones who pay their CEOs a ton of money & offer huge bonuses & perks? Well good enough for your poor little bank, tell your sob story to someone who really cares, your customers don't cause they've been ripped off long enough.

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by Tee on Nov 1, 2011 at 01:52 PM

So the debit card fee is dropped, it will result in a higher monthly fee. Glad we switched

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by Malcolm Location: Charlottesville on Nov 1, 2011 at 01:36 PM

Too little too late BofA.

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