Letter to CEO to drop the $3 debit card usage fee pilot
Letter to CEO requesting dropping the $3 debit card usage fee pilot
We imagine the conversation might go something like this…Press play!
Do you have something to say to Bank of America? Soon BofA will charge you $5 a month to use your debit card, even though they’re already collecting enough money from retailers to profit on the processing costs.
CU: It’s unfair for banks to charge consumers when banks collect from retailers to cover debit card costs
October 4, 2011 The Honorable Timothy Johnson Chairman The Honorable Richard Sheldby Ranking Member Committee on Banking, Housing and Urban Affairs United States Senate Washington, DC 20510 Re: Bank of America Debit Fees Dear Chairman Johnson and Senator Shelby: We are writing to express our deep concern over Bank of America’s new fee that will Continue Reading
Congress and federal regulators should investigate the controversial new fee
Consumers Union offers tips to consumers on avoiding fees and how to move your money safely to another bank
Large majority of consumers want right to choose whether to be covered by fee-based overdraft programs for checks
Bank of America has rolled out a new “$0 liability guarantee” on their debit and credit cards, but it might just be federal law. BofA customers need to be aware of their rights under current credit and debit card regulations, just in case BofA’s policy doesn’t cover everything.