Bank of America's recent decision to back down on new checking fees next year is further proof debit card swipe fee reform has resulted in greater marketplace competition benefitting consumers.
A checking account at Citizens Bank will now cost you double, as the bank joins the ranks of Wells Fargo and a slew of other financial institutions th...
Just as most banks are increasing fees, JPMorgan Chase is moving in a different direction. In a letter sent to customers this week, the bank announced...
Do your best to read every bit of bank paperwork that comes your way, and take responsibility for understanding your account terms. If you don't understand something, or don't like a new fee, don't wait to ask about it.
Force the banks to go back to traditional banking. If that means turning them into non-profits, so be it. But there is no way to justify allowing them to continue to bilk average American customers, not to mention risking driving the global economy off the cliff again.
Revenue doesn't just materialize out of thin air: people provide it. So, if you don't like the way a bank does business, don't do business with them at all, and don't limit your message to your checking account.
$38 Billion during a single year? That's $126 for every single of the 300 million Americans, including newborns and the millions without a bank account.
NEW YORK: The Federal Reserve may give U.S. banks insight into whether it will scale back its proposed crackdown on debit card processing fees, when a...
There are still good bargains to be found. However, the catch is that checking account fee schedules seem to have more twists and turns than ever--so shopping carefully is imperative.
The free checking accounts many Americans enjoy will soon be a thing of the past as banks scramble to find new ways to recoup overdraft charges and other fees they're no longer allowed to impose.
And how does the industry that has received so much largesse from taxpayers repay the public? By jacking up fees for basic services. According to Bank...