Do banks really need to tack on new debit card and checking account fees to provide us with services, or is Dodd-Frank just serving as a convenient excuse to increase profits?
Entries Tagged as 'checking accounts'
Consumers Union Wants to Know: Are New Banking Fees Justified?
October 6th, 2011 · No Comments · Banking
Tags: bank of america·Banking·Chase·checking account fee·checking accounts·Citibank·Consumers Union·debit·Debit Card·debit card swipe fee·Dodd-Frank·financial reform·Wells Fargo
Bank of America to Pay $410 Million for Overdraft Practices
July 19th, 2011 · No Comments · Banking
Remember transaction sorting? Banks preventing consumers from opting out of overdraft protection? Thought the new consumer protection laws had outlawed these practices and made them obsolete? Sure they’re obsolete and illegal NOW, but banks still have to make reparations for the past. Earlier this year, Bank of America agreed to pay $410 million to settle [...]
Tags: bank accounts·bank of america·checking accounts·Opt Out·overdraft fees·transaction sorting·Wells Fargo
Will You Use Google Advisor for Personal Finance Decisions?
May 23rd, 2011 · No Comments · Your Money
If you’re looking to compare features of personal finance products and services, Google Advisor is the latest, greatest go-to site.
Tags: CDs·checking accounts·Credit Cards·Google·Google Advisor·Mortgages·Personal Finance·savings accounts
Federal Reserve Won’t Make Deadline to Decide on Debit Card Transaction Fee Rule
March 31st, 2011 · No Comments · Banking
The Federal Reserve told Congress this week it will miss the April 21 deadline to decide on the debit card transaction fee limit set to go into effect July 21
Tags: big banks·checking accounts·Congress·credit unions·Debit Card·debit card transaction fee·debit card transactions·Debit Cards·Federal Reserve·Feds·online-only banking
