Bank of America Plans $5 Debit Card Fee

[ceetee9]

It just keeps getting better. The greedy banksters weren't happy with the billions of dollars they robbed us of, now they're going to charge us a monthly fee to use our money. And it's not just BOA, virtually all of the major banks are implementing, or looking into implementing, monthly fees to use your debit card.

According to NPR, we can thank the Dodd-Frank financial regulation bill passed last year for this. Yes, I know it's hard to believe that Democrats would throw us under the bus just as fast and easily as the Republicans would. :biggrin: Are you beginning to see a pattern here?
http://www.cbsnews.com/stories/2011/09/29/business/main20113708.shtml

[shadowstalker]

bank of America Sux

[Lord Sidious]

They have been charging fees on accounts in Australia for years.
Account keeping fees, using other banks ATM fees and it goes on and on.

[ceetee9]

They have been charging fees on accounts in Australia for years.
Account keeping fees, using other banks ATM fees and it goes on and on.Yes, they do that here as well. But apparently they aren't sucking our savings dry fast enough. I mean, how can we realistically expect those poor bankster executives to make it on a measly few dozen million dollars a year in today's economy? And where would they get the money to pay off all their political friends. ;)

[sshenry]

They'll loose customers hand over fist with this. I closed up my BOA accounts several years back due to their rediculous amounts of fees. I've said it before (not here) but I really think that BOA is in some serious financial trouble that they haven't gotten around to announcing yet.