Stay at Home Moms

For those of you irritated about the BofA $5 debit fee

It's basically a direct result of action Congress took last year when they passed a bill that limited the amount of debit fees retailers pay.  So now banks have to absorb those costs, so BofA is just being direct about passing them on to the consumer.

Another case of unintended consequences by Congress's actions.  Tongue Tied

https://www.theatlantic.com/business/archive/2011/09/did-congress-kill-the-debit-card/245935/

 

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Re: For those of you irritated about the BofA $5 debit fee

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