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Behind Bank of America’s decision to charge debit card fee

Business, Economics and Jobs

Bank of America’s announcement of a $5 monthly fee for debit cards comes days before provision that limits fees to merchants for debit card transactions.

Petition against Bank of America debit card fee goes viral

Business, Economics and Jobs

Government gives prepaid debit cards for benefits, consumers get slapped with fees

Business, Economics and Jobs

Cyber crime bust

Environment

She Fought the Bank (And She Won)

Bank of America Drops Debit Card Fee Plans

Remember the $5 monthly fee Bank of America planned to roll out for all its debit card customers? In a complete reversal, the bank now –  one month later –  says it’s dropping plans to introduce that fee. It’s a big victory for the 200,000 customers who signed a petition on Change.org calling for Bank of America […]

The World

Listener responses: Bank of America’s new charges

Business, Economics and Jobs

Last week, Bank of America announced that it would begin imposing a $5 monthly fee for checking accounts that use debit cards. Other large banks are expected to follow suit. We share listener comments.

The World

Bank of America to charge debit card users

For years we’ve been moving away from using paper and coins to pay for goods, and toward a cashless society. Now many people use debit cards as a convenient way to shop. But  news from the Bank of America yesterday  could change the way people feel about that. The banking giant announced it would impose a new […]

The World

Elizabeth Warren on her bid for Massachusetts senate

Global Politics

We speak with Elizabeth Warren about her campaign (and ask her about Bank of America’s announcement that they’d impose a new monthly fee of $5 for some debit card customers.)

Top of the Hour: Treasury Prints Fewer Greenbacks; Morning Headlines

As credit and debit cards become more dominant, and payment by smartphone becomes a reality, are we seeing the end of the greenback era in currency?