Transcript for Bank of America Tests New Bank Fees
Second largest bank in the country has been conducting a quiet test in three states slipping in a new -- to gauge the anger of customers. ABC's Matt Gutman who was front and center on that five dollar... See More
Second largest bank in the country has been conducting a quiet test in three states slipping in a new -- to gauge the anger of customers. ABC's Matt Gutman who was front and center on that five dollar fee from Bank of America last fall is on the case again tonight. Four months after Bank of America very. Publicly retreated from its five dollar debit -- it may be charging towards new ones considering the possibility of rolling out nationwide. New fees for new customers up to 25 dollars a month. For certain accounts the bank quietly launched programs in three states Arizona Massachusetts and Georgia last year. Charging up to nine dollars Ford's most basic account. It used to be three and twelve to fifteen dollars on others the company says the tests are still ongoing adding that so far customers approved. Not what we found I feel like they're pretty much of trying to steal money from our partners last fall and Bank of America announced its five dollar debit fee. 22 year old -- catch -- started an online petition that went viral. Which swelled to 300000. Signatures be evade back down today she said these new fees disgusted -- -- spoke clearly out of touch with what people's lives are actually like -- facts -- Really really really are. But the bank -- to -- The nation's biggest bank JPMorgan Chase and Wells Fargo are already charging between ten and twelve dollars a month for their basic counts. This is something that is is a very much a trend and -- it's a sharp reversal from what we -- seen in the years prior weren. Every bank -- on every corner offered a standalone free checking account. -- most banks offer free checking to those with a minimum monthly balance or bank online but. Analysts tell us your bank may be changing the rules Sony so pay attention to those monthly statements if you see -- -- that shouldn't be there. -- short to call the bank asked questions contest if you have to.
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