97.3 KIRO FM News

Bank of America to charge $5 debit card fee

Originally aired: Friday, September 30, 2011
Category: Interviews
Bank of America will start charging debit-card users $5 a month to pay for purchases. The move comes as the cards increasingly replace cash and as banks look for ways to offset the loss of revenue from a new rule that will limit how much they can collect from merchants.

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