1. People & Relationships

How the New Debit Card Fees Will Cost You

By September 30, 2011

In an effort to recoup lost revenue from the federally-imposed limit on revenue from retailers, Bank of American and other large banks will start charging customers to use their own debit cards.

This will be a financial hardship for seniors and other people on fixed incomes, who may not have credit cards. Learn more about the new debit card fees and how you can avoid them.

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