BofA's new $5 debit card fee

Thanks Mr. Durbin!! lol

Pretty sure this is going to piss off lots of folks. However, like most bank fees, there are ways to avoid this new fee which evidently starts in 2012.

Bank of America to charge $5 monthly debit card fee

 

So, who's gonna switch banks?

 

customers with certain premium accounts will be exempt from the charge

 

Employee accounts will be exempt from them as well. Which makes the 30,000 job cuts all the more valuable to them.

I started out bound and determined to kick the debit card habit, then used it like 15 times today.

 

There's ways around it .. B of A charged outrageous bounced transaction fees. And they're getting a lot of that back. They found a way to tack on a 35$ charge overdrawn on my account by under two dollars. They're going to be the same creepy bank cuz there there t0 stick it to usjj. i'm so high and going t0 blue ridge pride something somethingin the morning.. maybe fred will be there

 

It could be up to $60 a year. But thank goodness my parents do Regions bank!

 

What account? We have like 6 accounts with BofA plus our mortgage. If that isn't enough to waive the fee then I'll be on the lookout for a new bank.

 

Me also. I don't carry much cash mainly for safety reasons. If some dude steals a card I can have it cancelled in 5 minutes. Can't really do that with cash. It's my opinion BofA is doing this to get rid of less profitable customers.

 

How the fuck would I know, I bank with Wachovia

Just found out the checking account I now have will be hit with a $20/month service fee soon once the convestion to Wells is complete.

Time to look at a credit union

 

Um, FYI, there is no Wachovia. It's all Wells Fargo and has been Wells Fargo since 2008. Wells just hasn't changed the signs in NC yet.

I agree though, that CU's are looking better and better.