After much public criticism, Bank of America is bailing out of its plan to charge customers a five dollar monthly fee for making purchases with their debit card.
(Reuters) - Bank of America Corp plans to charge customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining other banks scrambling for new sources of revenue.
(Reuters) - Bank of America Corp plans to start charging customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining a host of other banks scrambling for new sources of revenue.