We support reforms to the financial marketplace to curb bad practices by banks and lenders.
debit cards
Wells Fargo & Co: Drop the $3 Debit Card Usage Fee Pilot
Letter to CEO to drop the $3 debit card usage fee pilot
Categories: Banking
Tags: debit cards, letter
JPMorgan Chase & Co: Drop the $3 Debit Card Usage Fee Pilot
Letter to CEO requesting dropping the $3 debit card usage fee pilot
Categories: Banking
Tags: debit cards, letter
Send BofA Your Own Video Breakup: “Drop the fee or we drop you!”
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.
Categories: Banking, Payments
Tags: debit cards
Bank of America urged to drop debit card fee
CU: It’s unfair for banks to charge consumers when banks collect from retailers to cover debit card costs
Categories: Banking
Tags: debit cards
Letter to Congress requesting investigation of Bank of America’s new debit card fee
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
Categories: Banking
Tags: debit cards, letter
CU calls for federal investigation of BofA’s debit card fee
Congress and federal regulators should investigate the controversial new fee
Categories: Banking
Tags: debit cards
Bank of America announces $5 debit card fee
Consumers Union offers tips to consumers on avoiding fees and how to move your money safely to another bank
Categories: Banking
Tags: debit cards
CR Poll: Only 22 Percent of Bank Customers Have Opted-In For Debit Card Overdraft “Protection”
Large majority of consumers want right to choose whether to be covered by fee-based overdraft programs for checks
Categories: Banking
Tags: debit cards, loans, overdrafts
BofA’s “$0 Liability Guarantee” – Is It As Good As it Sounds?
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.
Categories: Banking, Credit Cards, Payments
Tags: debit cards
Fact sheet on state gift card protection laws
A summary of key features of many state gift card laws.
Categories: Banking, Gift Cards
Tags: debit cards, factsheet
