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Bank of America Decides To Drop Debit Card Fee After Negative Response

From Flickr user Money Blog News

Just when you think that nobody gets a vote there is hope for us all after all. Millions on Bank of America customers were mad as hell that the banking giant was considering whacking all their customers with a $5 per month fee to use their debit cards.

The customers won this battle, and we can continue to win when we speak out in numbers. Banks are notorious for paying us nearly non-existent interest rates to put our hard earned money in their banks. However whenever we want to use our money and actually spend “our money” they want to hammer us with fees. The video below shows the outrage BOA customers had when the proposed idea of the $5 fee was first announced.

Many other banks were toying with this idea too and just not telling us about it watching to see what kind of feedback Bank of America got. According to this story, it was not good in any way, shape or form.

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