News

Bank of America's debit card fee will be rolled out in stages starting with select states in early 2012. The company would not say which states would be affected first.
Amid criticism, the bank reverses its plan to charge a $5 monthly debit fee. “Our customers’ voices are most important to us,” an official says in announcing the decision.
— -- Citing customer concerns and a "changing competitive marketplace," Bank of America said it won't charge customers a fee for using their debit cards. "We have listened to our customers ...
Sun, 28 Jul 2024 13:33:52 GMT (1722173632388) Story Infinite Scroll - News3 v1.0.0 (common) ...
The Observer reported Sept. 20 that Bank of America was planning to begin issuing debit cards with chips later this year. The bank began issuing credit cards with the chips to consumers in 2012.
Bank of America struck a nerve this week when it announced it would charge many debit card users a $5 monthly fee when they shop. The company's stock price fell. Customers complained. One cable ...
Bank of America, Chase and Wells Fargo (who each have been testing $3-a-month fees for debit cards in some markets) and other banks are looking for ways to recoup some of the money they're not ...
Earlier this year, Bank of America announced plans to charge debit card customers a $5 monthly fee for simply existing and then tried to pass off the fees as a tax. The backlash was swift and painful.
NEW YORK (MarketWatch) – Bank of America Corp. is the first major U.S. bank to issue debit cards with chip technology, a move that other banks are sure to follow, according to financial industry ...
— -- Citing customer concerns and a "changing competitive marketplace," Bank of America said it won't charge customers a fee for using their debit cards. "We have listened to our customers ...