Wells Fargo, Debit Card | featured news

(Image from article: "Bank of America nixes $5 debit card fee")

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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.

Another Bank Cuts Debit Card Rewards Program

Wells Fargo is no longer making their debit card rewards program available to new customers.

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