Topic of the Week This Thursday at 1pm CST on Credit Talk USA Worldwide Live we’ll be discussing debit card fees. Bank of America is moving beyond the testing phase and will begin charging all debit card users a $5 monthly fee soon, while Citi found another path towards customer-generated revenue. Until now, the Citi [...]
Credit Talk USA Worldwide Live – Bank of America To Charge $5 Debit Card Fee
Topic of the Week Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases. Whether you use your card for one purchase a month or 20, you will pay $5 per month starting [...]
Credit Talk USA Live Worldwide Show Date: September 22, 2011
Topic of the Week A controversial new government agency has its sight set on a consumer bugaboo: checking overdraft fees. The defacto chief of the Consumer Financial Protection Bureau, Raj Date, said in a speech in Philadelphia last week that the bureau is going to start looking at overdraft programs with an eye toward clarifying [...]
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