Anne Pace
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Under pressure, Bank of America drops $5 debit card fee
Nov 01, 2011 18:37 EDT
(Reuters) - Bank of America Corp reversed course on Tuesday and scrapped plans to charge a $5 per-month debit fee, handing a victory to consumers and protesters angry with big banks.
Under pressure, Bank of America drops $5 debit card fee
Nov 01, 2011 18:37 EDT
(Reuters) - Bank of America Corp reversed course on Tuesday and scrapped plans to charge a $5 per-month debit fee, handing a victory to consumers and protesters angry with big banks.
New charges herald end of no-cost US banking
Sep 30, 2011 17:47 EDT
Big US banks whose profits were savaged by the financial crash are rolling out a fresh batch of fees for customers, leaving experts to warn that the era of free banking in America has ended.
Bank of America to charge debit card use fee
Sep 30, 2011 05:18 EDT
CHARLOTTE (Reuters) - Bank of America Corp plans to charge customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining other banks scrambling for new sources of revenue.
Bank of America to charge debit card use fee
Sep 30, 2011 05:18 EDT
CHARLOTTE (Reuters) - Bank of America Corp plans to charge customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining other banks scrambling for new sources of revenue.
Bank of America to charge debit card use fee
Sep 29, 2011 13:44 EDT
(Reuters) - Bank of America Corp plans to start charging customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining a host of other banks scrambling for new sources of revenue.
BofA $410 million overdraft settlement wins court OK
May 23, 2011 16:30 EDT
NEW YORK (Reuters) - Bank of America Corp <BAC.N> has won tentative approval of a $410 million settlement of lawsuits accusing it of charging excessive overdraft fees to roughly 1 million customers.
B of A to pay $410 million to settle overdraft lawsuit
Feb 05, 2011 13:25 EST
NEW YORK (Reuters) - Bank of America Corp <BAC.N> has agreed to pay $410 million to settle lawsuits accusing it of charging customers with excessive overdraft fees, court documents show.
Say goodbye to traditional free checking
Oct 19, 2010 21:27 EDT
As banks feel squeeze from new regulations, say goodbye to the old free checking. Free checking as we know it is ending.
BofA ending overdraft fees on debit cards
Mar 09, 2010 22:17 EST
NEW YORK/CHARLOTTE, North Carolina (Reuters) - Bank of America said on Tuesday it will no longer charge overdraft fees on debit card purchases as of this summer, a move that may cost millions in fee income.
BofA denies that practices hurt consumers
Jun 30, 2009 18:07 EDT
Bank of America denies accusations that retail banking practices are 'anti-consumer'. Bank of America Corp. denied accusations that its retail practices pressure consumers into needlessly costly products that contributed to the credit crisis.
Bank of America accused of anti-consumer practices
Jun 30, 2009 13:02 EDT
NEW YORK (Reuters) - Consumer and labor groups demanded Bank of America Corp and other lenders reform their sales practices so that workers under pressure to meet sales quotas do not saddle customers with costly and unnecessary products.
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