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On Jan. 24, the Transportation Department will enforce a rule requiring that any advertised price for air travel include all taxes and government fees.
Its planned $5 fee for using a debit card has driven out into the open other fees that were long hidden to consumers. This may be a very unpopular thing to say about Bank of America and its planned $5 monthly debit card fee, but it's worth saying anyway: Thank you, Bank of America.
Senh: The article makes a good point. It gives a good summary of how debit card fees work, and how it eventually goes to consumers.
People checking out of a hotel are usually in a hurry, whether on their way to catch a plane, return a rental car or get back to their families. Certainly they’re too busy to notice or care about a measly extra charge for 75 cents for an unrequested newspaper.
Passengers are increasingly running afoul of funny fares. The prices often can’t be adequately explained, so their only choice is to take their business elsewhere.
It’s no secret that in this recession, many travel companies are playing the discount-and-surcharge game. A lot of unwanted charges are popping up on credit card bills — fees that, if not removed, will end up being contested.
In his weekly radio address, the president said Americans “have a right to not get ripped off by the sudden rate hikes, unfair penalties and hidden fees that have become all too common to our credit card industry.”.