Debit Card Fees

Watchdog Probing Whether Overdraft Programs Go Far Enough

Posted 04.20.2012

Read More: Dodd-Frank Act, Video, Bank Fees, Consumer Financial Protection Bureau, Financial Reform, Banks Overdraft Fees, Business News, Overdraft Fees, Overdraft Protection, Big Banks, Banks Overdraft Protection, Debit Card Fees, Business News

The top consumer watchdog is scrutinizing big banks to see if their overdraft protection policies are doing enough to keep Americans from unwittingly ...

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Unbanking America: Entrepreneur Develops Alternative to Paper Money, Banking System

Steven Kurlander | Posted 04.20.2012

Read More: Global Unique Identifiers, Canadian Penny, Credit Card Industry, Debit Card Fees, Credit Card Fees, Eliminating Pennies, Canada Penny Eliminated, Penny Elimination, Money News

With the explosion of devices equipped with encrypted technology, it should be only a short period of time before both paper currency and the rest of coins in circulation go the way of the Canadian penny.

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Why You Could Soon Be Getting A Discount At The Pump

HuffingtonPost.com | Loren Berlin | Posted 04.17.2012

Read More: Fuel, High Gas Prices, Gas Prices, Gas Discounts, Discounts, Durbin Amendment, Interchange Fees, Debit Card Discounts, Fuel Prices, Debit Cards, Debit Card Fees, Money News

On Tuesday, President Barack Obama will ask Congress to get tougher with speculators who are increasing the cost of gasoline by gambling on future oil...

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New Card Encourages Indebted Students To Shop

SmartMoney | AnnaMaria Andriotis | Posted 04.06.2012

Read More: Debit Cards Rewards Program, Smarterbank Card, Student Debt, Paying Off Debt, Visa Debit Card, Student Loan Debt, Debit Cards, Student Loans, Debit Card Fees, Money News

This article was originally published by SmartMoney College graduates can now pay off their student loans by paying their bar tabs. That's the mark...

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Wouldn't It Be Nice If They Disclosed Fees Before Taking Your Money?

AP | DANIEL WAGNER | Posted 05.13.2012

Read More: Prepaid Debit Cards, Prepaid Debit Card Fees, Suze Orman Debit Card, Suze Orman Approved Card, Debit Card Fees, Prepaid Cards, Prepaid Card Fees, Money News

WASHINGTON — Three major issuers of prepaid debit cards said Tuesday they will test a new fee-disclosure box designed to help people understand ...

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It Turns Out 2011 Was A Pretty Great Year For Banks

The Huffington Post | Alexander Eichler | Posted 03.08.2012

Read More: Consumer Banking, Brian Moynihan, Bank Fees, Dodd-Frank, Lobbying, Lobbyists, Commercial Banking, Bank of America, Bank Profits, Bank of America Fee, Retail Banking, Commercial Banks, Bank Income, Bank Lobbying, Debit Card Fees, Financial Regulation, Bank of America Debit Card Fees, Video, Business News

By almost any measure, 2011 was a rocky year -- high unemployment, volatile markets, rising poverty, protests in the streets. Thankfully, the banks ma...

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Big Banks Fee-Grab, While This Other Business Booms

The Huffington Post | Catherine New | Posted 03.02.2012

Read More: Checking Accounts, Savings Account, Bank Fees, Bank Transfer Day, Move Your Money, Bank of America, Banks, Atm, Bank Account, Nonprofit Banking, Debit-Card Fees, Credit Unions, Money News

Credit unions are booming as big banks take increasingly desperate measures to make money off of consumers. Membership in credit unions more than ...

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JPMorgan Chase Primarily Interested In Ballers, Shot-Callers

The Huffington Post | Alexander Eichler | Posted 02.29.2012

Read More: Jamie Dimon Pay, JPMorgan Chase, Video, Bank Fees, Commercial Banks, Jpmorgan, Bank of America, Commercial Banking, Interchange Fees, Overdraft Fees, Jamie Dimon, Banking Fees, Retail Banking, Financial Regulation, Debit Card Fees, JPMorgan 100K, Business News

If you've got less than a hundred grand in the bank, JPMorgan Chase is just not that into you. At a presentation to investors this week, JPMorgan e...

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In South Carolina Some Tax Refunds Will Be Shared With A Big Bank

HuffingtonPost.com | Janell Ross | Posted 02.28.2012

Read More: Prepaid Debit Cards, Unemployment, Bank Fees, South Carolina, Public Benefits, Unbanked, Bank of America, Tax Refund, Debit Card Fees, Business News

This year South Carolina income tax refunds will arrive on prepaid debit cards unless taxpayers specifically opt for a check or direct deposit. The...

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Wall Street Lobbyists Could Severely Weaken Derivative Regulation

The Huffington Post | Alexander Eichler | Posted 01.30.2012

Wall Street lobbyists are trying hard to weaken the extent to which the government can police a practice that played a central role in the 2008 financ...

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The First Annual Most DisCREDITed Awards

Adam Levin | Posted 03.05.2012

Read More: Bank of America, Mitt Romney, Foreclosure, Newt Gingrich, Paul Ryan, Debit Card Fees, 999 Plan, Herman Cain, Politics News

In a bad-economy year full of silly laws, mortgage miseries, political gaffes, Hatfield-McCoy feuding, credit downgrades, mysteriously rising prices, fee gouging and art-project political campaigns, here's a guide to help you to weed out the ridiculous from the truly tragic.

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Would You Rather Watch An Ad Than Pay An ATM Fee? [UPDATE]

The Huffington Post | Jillian Berman | Posted 12.05.2011

Read More: Video, ATM Fees, $5 ATM Fees, Banking, Business News, Clinton Townsend Atm Fees, Banks, Financial Regulation, Debit Card Fees, Chase-Atm-Fees, Business News

What if there was a simpler solution to avoiding an ATM fee than running all over town looking for an in-network machine? One Brooklyn, New York-based...

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Oregon Eliminates Some Bank Fees For the Unemployed

HuffingtonPost.com | Janell Ross | Posted 11.29.2011

Read More: Unemployed, Oregon Unemployment Benefits, Unemployment Benefits, Oregon US Bank, US Bank, Atm, Debit Cards, Oregon Bank Fees, Debit Card Fees, Reliacard, Business News

After nearly a month of negotiations, Oregon has reached an agreement with U.S. Bank to eliminate many of the fees the bank charges people to access t...

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Justice Department Reviewing Debit Card Fees

Posted 11.23.2011

Read More: Video, Swipe Fee Cap, Dodd-Frank, Bank-News, Debit Card Fee Probe, Business News, Debit Card Fee Justice Department, Justice Department, Big-Bank-News, Debit Card Fees, Bank of America Debit Card Fees, Business News

Big banks shouldn't rest easy, the debit fee debacle isn't over. The Justice Department is reviewing claims by a lawmaker that banking industry of...

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How Banks Get You On Overdraft Fees [GRAPHIC]

HuffingtonPost.com | Catherine New | Posted 11.22.2011

Read More: Video, B of A, Fdic, Bank Fees, Consumer Financial Protection Agency, Wells Fargo, noad_mid_article, Citibank, Bank, Bank of America, Overdraft Fees, Debit Card Fees, Business News

Under pressure from regulators and lawyers, nearly all banks have stopped the predatory practice of reordering debit-card purchases to gouge customers...

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Big Banks Slated To Lose Billions In Customer Cash Over Next Year: Report

Posted 11.21.2011

Read More: Video, Credit-Union-National-Association, Bank-News, Bank Transfer Day, Business News, Bank Profits, Big Banks, Debit Card Fees, Credit Unions, Bank of America Debit Card Fees, Business News

Big bank interest in netting a profit on the backs of customers may end up backfiring. The top 10 retail banks are projected to lose $185 billion ...

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How Banks Profit Off Welfare In California

HuffingtonPost.com | Janell Ross | Posted 11.18.2011

Read More: Welfare, Xerox, California, Debit Fees, Welfare California, Fees, Surcharges, Acs, Ebt, Debit Card Fees, Bank Fees California, Business News

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...

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What BofA Learned From The Debit Fee Debacle

Posted 11.15.2011

Read More: Direct Deposit, Brian Moynihan, Video, China Construction Bank Corp, Regulations, Private-Equity Investment, Bank of America Corp, Debit Card Fees, Bank of America Merrill Lynch Banking and Financial Services Conference, Business News

(Rick Rothacker) - Bank of America Corp learned a lesson from its abandoned debit card fee and will work to provide transparency and fair pricing ...

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Not Just Debit Fees: The Other Ways U.S. Banks Cost Customers

The Huffington Post | Harry Bradford | Posted 11.14.2011

Read More: JPMorgan Chase, Pew Charitable Trust, Checking Accounts, The Chicago Tribune, Bank Fees, Bank of America, Unemployment Benefits, Account Holders, Debit Cards, Customers, Debit Card Fees, Citigroup, Business News

The era of the debit card fee may have come and gone, but plenty of bank charges remain. Indeed, with all the talk of debit fees, it's easy to for...

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Are Bank Fees Too Complex? The Case for Fee Transparency

Tim Chen | Posted 01.11.2012

Read More: TD Bank, Bank Fees, Pew Research Center, Dick Durbin, Citibank, Bank of America, Credit Cards, Debit Card Fees, Checking Fees, Jack Reed, Business News

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.

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Bank Of America Taps Unemployment Benefits For Debit Fees

HuffingtonPost.com | Janell Ross | Posted 01.10.2012

Read More: Prepaid Debit Card, Unemployment, Durbin, $5 Fee, Bank of America, Unemployment Benefits, Swipe Fees, Richard Bove, Debit Card Fees, Business News

CORDOVA, S.C.-- Shawana Busby does not seem like the sort of customer who would be at the center of a major bank's business plan. Out of work for much...

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Transferring Power: Or, Why I Pulled My Head Out of the Sand and Switched to a Credit Union

Melissa Arjona | Posted 01.08.2012

Read More: Move Your Money, Wells Fargo, Credit Union National Association, Credit Unions, Bank Transfer Day, Bank of America, Postbourgie, Debit Card Fees, Black Voices News

Switching to a credit union is one of the easiest and most sustainable forms of protest, and one of the most effective ways to shift the (im)balance of power.

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BofA Threatens Foreclosure On Already-Sold Home

The Huffington Post | Harry Bradford | Posted 01.03.2012

Read More: JPMorgan Chase, Foreclosure Crisis, Video, Wells Fargo, Mortgage Crisis, Bank of America, Foreclosure, Connect2Utah.Com, Bofa, Debit Card Fees, CEO Brian Moynihan, Business News

How could a home be repossessed when it's no longer in the homeowner's possession? One family in Utah asked itself the same question. Shantell Curt...

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More People Joined Credit Unions Since BofA's Debit Fee Controversy Than In All Of 2010: Survey

The Huffington Post | Jillian Berman | Posted 01.03.2012

Read More: New Credit Union Account Openings, Video, Bank Fees, Bank-News, Occupy Wall Street, Bank Transfer Day, Business News, Big Banks, Debit Card Fees, Bank of America Debit Card Fees, Credit Unions, Business News

More consumers flocked to credit unions last month than in all of 2010 combined, likely in part due to the controversy surrounding debit card fees. ...

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Bank Transfer Day: The Start of Something Great

Bill Cheney | Posted 01.01.2012

Read More: Bank of America, Debit Fees, Credit-Union-National-Association, Debit Card Fees, Credit Unions, Bank Transfer Day, Business News

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.

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