The math may make sense to banks tacking on flat monthly debit card fees, but it doesn’t make sense to customers who still have the option of taking their business someplace else.
Entries Tagged as 'Debit Card'
Change Banks to Avoid Monthly Debit Card Fees?
October 12th, 2011 · No Comments · Banking
Tags: bank·bank of america·banks·debit·Debit Card·debit card fees·Forbes·online bill pay·switch kits
Will Dip in Consumer Credit Spur Further Decline in Credit Card Interest Rates?
October 10th, 2011 · No Comments · Credit Cards
Though consumer credit rose considerably in the second quarter of 2011, a big dip in August may have banks angling to further woo increased credit card use going into the big holiday spending season.
Tags: bank of america·banks·Chase·Consumer Credit·credit·Credit Cards·Debit Card·debit card swipe fee·Wells Fargo
Consumers Union Wants to Know: Are New Banking Fees Justified?
October 6th, 2011 · No Comments · Banking
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?
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
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
