Bank of America Cancels $5 Fee

Bank of America has dropped its planned $5 monthly debit card fee in a reversal of its announcement that attracted a maelstrom of customer anger. "We have listened to our customers very closely over the last few weeks and recognize their concern with our proposed debit usage fee," David Darnell, co-chief operating officer, said in a statement today. "Our customers' voices are most important to us. As a result, we are not currently charging the fee and will not be moving forward with any...Full Story
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