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Oct 28, 2011 | Posted by: roboblogger

Chase drops debit fee, Bank of America may be backing down

Full story: KING-TV Seattle

Chase is joining the list of banks that won't be charging customers to use their debit cards, as the backlash over Bank of America's planned $5 monthly fee continues.

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imaginaryfriend

Garden City, MI

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Judge it!
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#1
Oct 28, 2011
 
Thank you Occupy Wall Street for this win!!!
got grave

Richmond, VA

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Judge it!
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#2
Oct 28, 2011
 

Judged:

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OWS has worked, the financial bullies are backing down. Let us now work on the OIL/koch cretins.
OKS(occupy KOCH street).
Realist

Greensboro, NC

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#3
Oct 29, 2011
 

Judged:

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It has nothing to do with the occupiers. It's all about competition. BA makes an announcement to recoup some profit that the feds took away and other banks went to school on the publicity in attempts to grab some customers.
If anyone believes that the other Banks are not going to recover costs in other areas are very naive. Costs of banking are going to increase whether the public sees it or not.

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Keep track of your finances today, so you'll have the satisfaction of knowing that you're on top of everything. You may even want to pay some bills a few days early rather than run the risk of forgetting all about them. It's also an excellent day for setting up any sort of system that will help your money matters to run more smoothly, such as a direct debit or standing order.

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