YOU THE PEOPLE SHOULD BE AWARE OF BANK OF AMERICA!!!
Bank of America received $45 billion in bailout money, however that hasn’t stopped the company from finding new ways to milk the most money out of their customers. On Friday, Bank of America announced a new debit card fee that will charge customers $5 per month simply for using their debit cards.
The debit card fee will begin in the first few months of 2012. At first, Bank of America will start charging the debit card fee in only a few starts. Over time, the bank expects to make this a policy around the globe.
Are you willing to pay $5 per month just for using your debit card? I know I’m not. I’ll find a bank that won’t look for every opportunity to steal money from me. It just doesn’t make any sense: use your debit card once for a $2 purchase and get charged $5 on top? No thanks, Bank of America.
Why is Bank of America charging a debit card fee? They say it’s a response to the new regulations that have limited how much they can charge merchants per debit card transaction. I don’t buy it.
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