Wells Fargo & SunTrust Cancel Debit Rewards Programs

Wells Fargo & SunTrust Cancel Debit Rewards Programs

Last week, we wrote about JPMorgan Chase’s decision to get rid of rewards programs for debit card users in response to a new law that will slash the amount of money banks receive per debit card transaction. Now comes news that at least two other banks — Wells Fargo and SunTrust — have followed suit. [More]