banking

Video: Consumer reaction to debit card fees

 

 

Intro: Bank of America recently announced they would start charging customers a $5 monthly debit card fee. Many banks will mostly likely follow suit as they try to recoup the money lost by recent legislation that limits interchange fees. We asked consumers if they would switch banks if charged a debit card fee.

Take SOT:

(Consumer opinions on debit card fees)

Tag: If you're considering changing banks, there are many community or online banks and credit unions that offer free checking and debit card service. Just visit bankrate.com to comparison shop. I'm Kristin Arnold.

« Back to Debit Cards.

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
 

A little research could save you BIG on interest.

Don't have time? Our rate-tracker tool saves you time and money. Delivered Thursdays.
 
advertisement
Partner Center
advertisement

Blog

Tara Baukus Mello

Brand’s perfume: Essence of Lincoln

Lincoln has developed its own perfume fragrance and no, it's not "new car smell," despite being named Essence of Lincoln. Used in the ventilation system of Lincoln dealerships and on scent cards available in showrooms, the scent was developed as a way to create more luxury and warmth for customers visiting the dealerships as they  ... Read more


Connect with us