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Bank of America Corp. will charge customers $5 a month when they use debit cards to make purchases, a move likely to be followed by other banks as new federal regulations limit their ability to ...
The announcement by Bank of America Corp. last week that it would charge customers $5 a month to use their debit cards has rung up animosity from coast to coast.
BofA won't hold debit-card customers liable for any fraudulent transactions, providing such transactions are reported within 60 days of the statement date. "Bank of America is doing its job," Chee ...
Bank of America took the lead in announcing the fee in September after Congress limited the amount that banks could charge merchants for debit card transactions. Today, BofA spokeswoman, Anne Pace ...
Bank of America says it received 230,000 claims of debit card fraud from last October to March. It denied more than half the claims, but says anyone can ask for a new review.
Bank of America’s plan to charge customers $5 a month to use a debit card has been blamed on new regulations that reduces its fee income.Starting Saturday, big banks will collect less money ...
If you're a Bank of America customer and you swipe that handy debit card for purchases, get ready to have a $5 monthly fee charged to your account starting in early 2012. The bank announced the ...
Bank of America Corp.'s decision to stop offering overdraft protection on debit card transactions casts a spotlight on billions of dollars in fee revenue issuers earn from cardholders that could drain ...
Customers fume over BofA's plan to charge debit-card fees. Skip to content. All Sections. Subscribe Now. 60°F. Saturday, September 14th 2024 Digital Replica Edition. Home Page. Close Menu.
BofA outlined that that card spending on a household basis as measured by aggregated credit and debit cards, jumped up 2.3% on Black Friday, compared to the Black Friday in 2022.
Michele Norris talks about Bank of America's plan to charge some customers a monthly $5 fee for debit cards with Daniel Indiviglio, associate editor with The Atlantic. Indiviglio writes about ...
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