Bank Of America Nixes $5 Debit Card Fee
Bank of America Corp. is scrapping its plan to charge a $5 monthly fee for making debit card purchases after an uproar and threatened exodus by customers.
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Bank of America Corp. is scrapping its plan to charge a $5 monthly fee for making debit card purchases after an uproar and threatened exodus by customers.
Bank of America customers have had trouble signing into their accounts for six days. Yet the bank still offered no reason Wednesday for the site's slowness.
Governor Rick Perry spent millions to lure the nation's leading mortgage companies to expand business in his state. But the plan backfired.
Bank of America will start charging debit-card users $5 a month to pay for purchases. The move comes as the cards increasingly replace cash and as banks look for ways to offset the loss of revenue.
Bank of America Corp., the nation's largest bank, said Friday that it plans to cut 3,500 jobs by the end of September.
This the third day in a row Irving has had a bank robbery. Two of those three days, it's been at the same bank.
