Bank Of America To Charge $5 Monthly Fee For Some Debit Card Users

Bank Of America To Charge $5 Monthly Fee For Some Debit Card Users

Even though swipe fee reform resulted in a bank-friendly compromise, it still managed to halve the amount banks earn every time you pay for something with a debit card. And so the hunt to make up for that lost money continues, with Bank of America looking to charge a $5 monthly fee to some debit card users. [More]