5 Free Debit Card Deals: Why Pay $5 a Month?

With Bank of America planning to charge $5 a month to customers who use their debit card for purchases, will other banks join the band wagon? Free checking may be falling by the wayside, and starting Saturday, the Durbin Amendment of the Dodd-Frank Act will limit fees banks collect from merchants when customers make debit card purchases. While Chase and Wells Fargo are testing $3 monthly debit card fees in some states, the banks say they are not planning to roll-out fees in the immediate...Full Story
Commenting on this article is closed.