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Debit Fees

Credit Card Companies Are Charging Less For Late Payments

CNBC | Amy Langfield | Posted 11.11.2014 | Business

Punishment for the sin of being late on a credit card payment is getting slightly less onerous for users who fail to pay their bills on time, accordin...

How Students Can Avoid Debit Fees

AP | Posted 02.14.2014 | College

Here are some tips for college students to avoid paying fees when using a college-issued debit or prepaid card: Students who receive a debit card i...

GRAPHIC: Everything You Need To Know About Bank Fees

The Huffington Post | Posted 01.28.2012 | Business

Don't like keeping all of your money stuffed underneath the mattress? That could cost you a pretty penny. Banks collected $29.5 billion in overdra...

Janell Ross

Florida, California Take Cut Of Bank Fees On Unemployment Benefits | Janell Ross | Posted 12.01.2011 | Business

When Derrick Johnson visits the ATM in his Florida town to tap his jobless benefits, he regularly pays fees to the companies that administer the state...

Retail Groups Sue Fed Over Debit Swipe Fee Rule

AP | EILEEN AJ CONNELLY | Posted 01.22.2012 | Business

NEW YORK — A coalition of retail groups sued the Federal Reserve on Tuesday, claiming the regulator ignored the law by setting too high a cap on...

Janell Ross

How Banks Profit Off Welfare In California | Janell Ross | Posted 11.18.2011 | Business

Rodney Robinson, a single father in Los Angeles, needs government help to pay his rent. But getting that help from the state of California involves sh...

Banks Scrambles For New Revenue Sources After Debit Card Fee Debacle

AP | By PALLAVI GOGOI | Posted 01.04.2012 | Business

NEW YORK -- After an intense public backlash, Bank of America and other banks have backed off charging monthly debit card fees. It's a victory for an...

Bank Transfer Day: The Start of Something Great

Bill Cheney | Posted 01.01.2012 | Business
Bill Cheney

Consumers are upset about bank fees. They have also been intrigued by "Bank Transfer Day," another reason our credit unions are telling us new members are coming in the door. These new members have made the right choice, because they can now start saving.

Ryan Grim

Dems Call For Wall Street Investigation Over New Debit Card Fees | Ryan Grim | Posted 12.13.2011 | Politics

WASHINGTON -- House Democrats responding to the recent announcement of a new Bank of America debit card fee are calling for a Department of Justice in...

It's My Money!!

Will Durst | Posted 01.21.2012 | Business
Will Durst

It's My Money. We're not talking about credit cards where I pay you to lend me some quick cash. These are automatic deductions from an account into which I have already placed ample coin of the realm. MY MONEY!

Jordan Howard

D.C. Woman Delivers 150,000 Signatures To Bank Of America, Cancels Account | Jordan Howard | Posted 12.06.2011 | DC

WASHINGTON -- After collecting well over 150,000 signatures in less than a week, District of Columbia resident Molly Katchpole, 22, followed through w...

Ryan Grim

Movement To Abandon Bank Of America Picks Up Key Backer | Ryan Grim | Posted 12.06.2011 | Politics

On Sunday night, Rep. Brad Miller, a Democrat from Bank of America's home state of North Carolina, attended a general assembly meeting of Occupy Ralei...

Simon Johnson: Why Would Small Banks Oppose Debit-Card Reform?

The New York Times | Simon Johnson | Posted 07.12.2011 | Business

It’s not hard to understand why large banks oppose any attempt to overhaul the financial arrangements currently surrounding credit cards and debit c...