Time to pull your deposits and close your accounts folks.
Bank of America To Charge $5 Monthly Fee For Debit Card Usage $BAC @BofA_News – DJ
From CNBC Breaking Tweets.
Now why would you pay $5/month (that’s $60/year!) just to use your debit card? Uh, no.
Credit union folks.
Better service, better price, kill the TBTF financial rapists.