America’s Money: Bank of America Debit Fees; Economy Grows
Sunday, October 2nd, 2011 at
8:57 pm
Debits fees will increase next year at Bank of America. Get the latest business news: abcn.ws *Like us: WNNfans.com
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This is just the another way of looting our money. Bye Bye Bank of America. I will close all my accounts before 2012.
@michaelspurling i couldn't have said it no better myself your so right
$60.00 a year to use their card. Use CASH as all banks are stealing OUR money.
It won't stop with this fee either. more to come.
hiring is low because obama wants the tax the shit out of risk takers (small business CEO's). in 2013, if u live in california and make 1 million dollars a year, you have to give away 54.8% of your income to state and Feds. And you want more?!
This is a dumb move by the bank this 5 dollor fee will drive people away from there bank. After all themoney they got from the bail out and all the money they paid to there high up. This will b the end of bank of America.
If my bank trys this it will b cash from now on.
It’s easy to get back at banks for charging ATM fees that promised they would never to do. Whenever you get Junk Bank “credit approval low 2% interest” letters with all your private information on them shred that first, take the Pre-Paid handy return Envelope enclosed, fill it with the original envelope, expired pizza box coupons, or my favorite garbage from another bank. Get creative and write how you feel with a sharpie. Regardless they get stuck with mail fees and wasted time.. Enjoy
If you tape your debit card to your forehead and watch the up coming silver shamrock commercial.... If the bank I have does it, I'll move my money to the Central Bank of Iran.
Your can blame the Frank?Dodd legislation and the Dick Durbin amendment. The Durbin Amendment essentially limits the amount of money banks collect from merchants, like Target for instance, each time you use your debit card there. Banks are taking and 80% hit on fees they once collected from retailers to run their debit systems. How else can they recoup that expense but to pass it onto consumers. We the consumers can look to more fees as the Frank/Dodd legislation is enforced.
The total U.S. debt--public and private--has more than doubled since 1995. It is now officially over $34 trillion. It was just over $16 trillion in 1995, and "only" $7 trillion in 1985. Most alarmingly, it has grown faster than income to service it, as indicated by U.S. gross domestic product (GDP). The U.S. economy--as subverted by the cabal--now requires a daily fix of $2.5 billion to stay afloat. They get this fix by looting the public wealth and we are fed up with this....
Pull your money out of these corrupt Banking networks now before you get screwed...
You don't need these banks they are criminals.
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