Tag Archive
Bank of America slims down, loses swagger and goes back to basics, and … – Washington Post
Boston.com Bank of America slims down, loses swagger and goes back to basics, and …Washington PostNEW YORK — Bank of America is back to basics — slimmed down, stripped of its swagger and no longer the biggest bank in the country. And investors, after pummeling the company for two years, finally like what they... »
Big Banks Blink on New Card Fees – Wall Street Journal
New York Times Big Banks Blink on New Card FeesWall Street JournalA month after Bank of America got pummeled by consumers and politicians for introducing plans for new debit-card fees, most other big US banks are steering clear of imposing similar charges. Following eight months of consumer testing, …Chase and Wells Fargo drop debit... »
Wells Fargo gets rid of its $3 debit card fee – HeraldNet
New York Times Wells Fargo gets rid of its $3 debit card feeHeraldNetWells Fargo and Co. said Friday it is cancelling its planned five-state pilot of a monthly $3 fee for users of its debit cards as a response to customer feedback the bank has received. Washington was among the five states, which also... »
Chase, Wells Fargo drop debit fees, BofA to adjust – Houston Chronicle
ABC News Chase, Wells Fargo drop debit fees, BofA to adjustHouston ChronicleBy EILEEN AJ CONNELLY, AP NEW YORK – Chase and Wells Fargo are joining the list of banks that won't be charging customers to use their debit cards, as the backlash over Bank of America's planned $5 monthly fee continues. The retail banking... »
Bank of America Rethinking Debit Card Fee – New York Times
New York Times Bank of America Rethinking Debit Card FeeNew York TimesAfter setting off a firestorm of criticism from consumers, Capitol Hill and the White House, Bank of America is rethinking elements of its plan to charge customers $5 a month to use their debit cards. Paul Sakuma/Associated Press …Bank of America likely to... »
Bank of America likely to make it easier to avoid debit card fee – Los Angeles Times
Los Angeles Times Bank of America likely to make it easier to avoid debit card feeLos Angeles TimesBofA has been widely criticized for its plans to charge customers $5 a month to use debit cards. Several other banks have said they have no plans to impose such fees. JPMorgan Chase & Co., which for... »
A debit of gratitude to Bank of America – Los Angeles Times
Los Angeles Times A debit of gratitude to Bank of AmericaLos Angeles TimesIts planned $5 fee for using a debit card has driven out into the open other fees that were long hidden to consumers. BofA has 57 million consumer and small-business accounts. If a majority of them uses debit cards, the $5 monthly... »
Bank of America debit card fee shenanigans ratcheting up anti-bank rhetoric – International Business Times
International Business Times Bank of America debit card fee shenanigans ratcheting up anti-bank rhetoricInternational Business TimesWhen Bank of America announced last week that it would begin charging a $5 monthly fee to customers using their debit cards at retail locations, it understandably caused a fair amount of …How To Avoid Debit Card FeesSavingAdvice.comAvoiding new... »
Debit card users react to news of new monthly fees – WAVE
Boston Globe Debit card users react to news of new monthly feesWAVENEW ALBANY, IN (WAVE)- Debit cards are probably one of the most convenient ways to pay for purchases. Some of us swipe almost daily. "Every time I make a transaction, it's with a debit card," Steven Alexander, of Memphis, …Bank of America users... »
The Math Behind Bank Of America’s New $5 Fee – Consumer Affairs
ABC News The Math Behind Bank Of America's New $5 FeeConsumer AffairsBank of America set off howls of outrage with its announcement that it will begin charging customers who use debit cards to make purchases a $5 monthly fee. The timing of the announcement, just before today's (Saturday) implementation of new, …Banks Plan New... »