Bank of America got pummeled by investors and customers Friday, after announcing a $5 monthly fee on many debit card users when they shop. Bank of America got pummeled by investors and customers Friday, after announcing a $5 monthly fee on many debit card users when they shop. Unlike personal checks, merchants generally do not believe that a payment via a debit card may be later dishonored. Unlike a credit card, which charges higher fees and interest rates when a cash... NEW YORK – Bank of America plans to start charging customers a $5 fee in any month that they use their debit card to make a purchase. The fee will be ... NEW YORK – Bank of America plans to start charging customers a $5 fee in any month that they use their debit card to make a purchase. The fee will be ...

The nation's beleaguered banking industry, which has been raising fees and doing away with free services, has a new target: debit-card users. Bank of ... In one of the first tangible fallouts from new federal restrictions on debit card "swipe fees," Wells Fargo bank and other card issuers are launching test programs to ... A top senator slammed Bank of America after the company, one of the largest recipients of U.S. taxpayer bailouts, announced it would charge customers a new ... In one of the first tangible fallouts from new federal restrictions on debit card "swipe fees," Wells Fargo bank and other card issuers are launching test programs to ... When you purchase with plastic you’re often asked if you’d like to make it a debit or credit transaction. What’s the difference? The choice you make determines ...

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