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Bank of America nixes $5 debit card fee

Bank of America nixes $5 debit card fee

Bank of America Corp. is scrapping its plan to charge a $5 monthly debit card fee. The bank's decision to drop the fee came after a roar of customer outrage in recent weeks over the fee. Other major banks, including JPMorgan Chase & Co. and Wells Fargo & Co., already canceled tests of similar debit card fees last week.

Senh: It's good to see that the banks are listening to their customers. It's also good to see that the public come together and have a positive affect on debit card fees. I only wish the airlines would do the same with their fees.

 

Romney reverses himself, supports anti-union law

A day after he refused to endorse an Ohio ballot measure that limits public employee union rights, Republican presidential hopeful Mitt Romney said Wednesday that he is "110 percent" behind the effort.

Senh: He's a flip-flopper. Let's see if this flip-flopper can win it all.

 

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