Bank of America’s new $5 monthly fee for having a debit card is getting painted as a public enemy, but columnist Michael Hiltzik for the Los Angeles Times says we should be giving it a great big hug. [More]
$5 debit card fee
Bank Of America Exec: It Would Be 'Premature' To Eliminate Debit Card Fee
By 10.14.11
Bank of America’s infamous $5 monthly debit card fee hasn’t quite caused enough backlash to make the bank Qwikster it away. But customers can cling to hope of the bank one day eliminating the fee, because at least an executive has spoken publicly about the hypothetical notion of getting rid of it. [More]
How Bank Of America Picked $5 As The Debit Card Monthly Fee
By 10.7.11
The new $5 monthly fee Bank of America is charging debit card holders wasn’t just picked because the spreadsheet guys really like Subway $5 footlongs. There’s actually a calculation behind it. Here’s the math. [More]
