Congress Wants To Restore Glory Days Of Misleading Airfares And Hidden Fees

(Paul Thompson)

Remember what it was like to book air travel way back in ye olden days of three years ago? You’d spot a really excellent online deal on a flight, only to discover at checkout that after the taxes and fees, it was $50 higher than you’d thought. The Dept. of Transportation changed all that in 2012 — but now, a bill rapidly moving through Congress could reverse that change entirely. [More]

No Surprise Here: Prepaid Card Fees Vary Considerably

No Surprise Here: Prepaid Card Fees Vary Considerably

There is a prepaid debit card on the market to fit just about everyone’s needs. Consumers can choose from cards with celebrity faces on them to cards from their preferred wireless provider. While prepaid cards can be convenient, and often the only option for the unbanked, they can also be littered with fees that suck up all your hard-earned cash. [More]

Banks That Market To & Serve Military Also Tacking On Huge Fees

Banks That Market To & Serve Military Also Tacking On Huge Fees

One might assume that banks marketing to U.S. military servicemembers would not be out to nickel and dime these men and women with unnecessarily high fees on their accounts. But among those financial institutions levying the highest level of fees on its account-holders are several that not only market to the military but also have branches on military bases. [More]

(frankieleon)

Airlines Raked In A Record $6 Billion In Baggage & Change Fees Last Year

Feeling lighter in the wallet when you travel? It’s no wonder — in 2012, U.S. airlines raked in a record $6 billion in baggage and change fees from passengers. That’s higher than any other year since such fees became de rigueur five years ago. Oh, and it’s going to keep piling up, because airlines are having fun swimming around in the piles of money they’ve made off such fees. [More]

(her name is meg)

Report Claims Payday Loans Result In Net Loss Of Money, Jobs

Among the reasons given in support of payday loans — short-term, high-interest loans intended to get the borrower through to the next paycheck — is that they ultimately provide a net good to the economy, allowing the borrower to keep spending and earning interest for the lender. But a recent report casts some doubt on that belief. [More]

(pstardesign)

In No Way Are We Shocked That Justin Bieber Is Hawking A Pre-Paid Debit Card Laden With Fees

Here at Consumerist HQ we’re a bit leery when it comes to pre-paid debit cards. They always seem to come with hidden fees that can pop up and punish users for trying to access their own money. And when you throw in a celebrity like say, the Kardashians or in the latest news, Justin Bieber, the potential for the younger set to be exposed to this fee-laden world grows. [More]

There are other, less fee-laden prepaid debit cards out there than this.

Chicago Transit Prepaid Debit Cards Also Fully Loaded With Fees

Yesterday we told you about the sky-high fees associated with the combination photo ID/prepaid debit card being issued by the city of Oakland. Now comes a report that Chicago-area residents who choose to opt in to the prepaid debit option on their transit cards will also see their cash eroded by fees. [More]

Spirit To Start Charging Up To $100 For Some Carry-On Bags

Spirit To Start Charging Up To $100 For Some Carry-On Bags

Spirit Airlines continues to demonstrate why Consumerist readers nominated the bottom-dollar carrier for the Worst Company In America 2012 tournament. The airline, only one of two U.S. carriers to charge for carry-on bags, has announced it will be jacking up its baggage fees, meaning some people could end up paying $100 per carry-on. [More]

Verizon Says It Won't Back Down On $2 'Convenience' Fee

Verizon Says It Won't Back Down On $2 'Convenience' Fee

UPDATE: Verizon lied. They were not as steadfast as they would have had you believe and have now backed down on this fee. [More]

Senator Introduces Two Bills To Curb Checked Bag Fees

Senator Introduces Two Bills To Curb Checked Bag Fees

With so many people lining up at the airport today and tomorrow to fly home to stuff their stomachs with, well… stuffing, one U.S. Senator has introduced two pieces of legislation aimed at reining in the checked bag fees charged by airlines. [More]

Justice Dept. To Put Debit Card Fees Under Antritrust Microscope

Justice Dept. To Put Debit Card Fees Under Antritrust Microscope

Even though Bank of America and a few others have — for now — ditched their plans to charge customers a monthly fee for making purchases with debit cards, the Justice Department has decided to look at the possible antitrust considerations surrounding the controversial proposals. [More]

The 5 Best & Worst U.S. Cities For ATM Fees

The 5 Best & Worst U.S. Cities For ATM Fees

Though you won’t find any part of the country where residents don’t gripe and grouse about ATM fees, the results of a new survey show exactly which cities have the most (and least) to complain about. [More]

U.S. Airways CEO: We Don't Overcharge, We Pass On
Costs

U.S. Airways CEO: We Don't Overcharge, We Pass On Costs

If any of you had some sort of pipe dream that there might be a day when airlines wouldn’t charge ancillary fees for services that used to be included in the ticket price, U.S. Airways CEO Doug Parker has made it clear the charges aren’t going anywhere because they benefit everyone in the long run. [More]

Wells Fargo To Test $3 Monthly Debit Card Fee

Wells Fargo To Test $3 Monthly Debit Card Fee

Back in March, Wells Fargo announced it was killing off its debit rewards programs, but apparently that was not enough. Now the bank has said it will test a monthly $3 fee — in addition to any service fees — just for having a debit card. [More]

Senator: Travelers Should Be Reimbursed Fees For All Lost & Mishandled Bags

Senator: Travelers Should Be Reimbursed Fees For All Lost & Mishandled Bags

Even though a new rule is about to kick in that refunds airline baggage fees for any traveler whose luggage vanishes forever, New York Senator Chuck Schumer thinks it’s not enough and that airlines should be reimbursing fees even if you get your bags back a day or two later. [More]

Airlines Can't Convince Court They Are Being Overcharged For TSA Screening

Airlines Can't Convince Court They Are Being Overcharged For TSA Screening

Even though the screeners at airport security checkpoints in the U.S. are employees of the Transportation Security Administration and those fancy new see-through-your-clothes machines are technically paid for by the feds, the airlines still have to fork over hundreds of millions of dollars per year for security theater. Several of them claim the TSA is overcharging to the tune of $115 million. An appeals court disagrees. [More]

9 Of The Most Annoying Bank Fees

9 Of The Most Annoying Bank Fees

The banks of America are breaking new ground every day in the science of nickel-and-diming consumers with fees that start from the second you open an account to the moment you angrily close your account… only to move it to another bank with a different set of fees. But since there are so many ways in which financial institutions can bleed your account dry, the folks at CNN Money have come up with their list of the most annoying fees. [More]

Anthem Blue Cross To Start Charging $15/Month To Pay Bill By Credit Card

Anthem Blue Cross To Start Charging $15/Month To Pay Bill By Credit Card

Anthem Blue Cross, along with its parent company, perennial Worst Company In America contender WellPoint, is known for many things — trying to jack up rates on policyholders by upward of 30%, practicing rescission on breast cancer patients, and leaking customers’ credit card information online. Basically everything except for providing quality health insurance. You can soon add another item to Anthem’s long list of qualifications when it stops allowing credit card payments, except for those willing to pay a $15 convenience fee. [More]