Credit Cards News. Tag: 'bank of america'
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Walmart Debit Card Fees Acceptable, Why Aren’t BOA?
You may recollect the recent negative reaction over Bank of America’s $5 fee on debit card use? Well Wal-Mart charges $3 to use their debit card but have not come in for nearly as much negative press than their banking …
Security Breach Leads Bofa To Reissue Credit Cards
A few of Bank of America’s credit card and debit card customers living in the upstate area of New York have recently been receiving new cards in the mail, but many are unsure as to the reason why.
Consumers Prefer Cash
Recent research has shown that consumers still prefer cash when they have to buy small purchases.
Quiz To Encourage Financial Learning In Virginia
Bob McDonnell the Virginia governor has stated his desire to find out who amongst the students in his state have the best skills when it comes to personal finance.
Court Upholds Binding Arbitration for Credit Cards
The U.S Supreme Court gave a blow to people’s hopes with upholding the binding credit card arbitration procedures.
BoA Credit Card Portfolio Is Sold To US Bank
Recently the Bank of America chose to sell off $700 million collection of credit cards to U.S. Bank, in order to acquire money by getting rid of unwanted assets.
CU Showing A Renewed Interest In Credit Card Issuing
According to the latest data released by the TRK Advisors portfolio consulting company based out of New Hampshire, up to 400 credit unions sold their credit card portfolios since 2004.
Bank Of America Drops Debit Card Fee
In light of the continued outrage from consumers in regard to Bank of America’s plans to charge consumers a $5 monthly fee for using their debit card, the bank have abandoned the plan.
BofA Continues With Debit Fees Despite Backlash
In recent weeks Bank of America has come under heavy fire due to their decision to implement a $5 monthly fee for consumers who use debit cards to pay for purchases.
Banks Pledge Not To Charge Debit Card Fees
In the wake of the negative reaction to the introduction of a $5 fee for using debit cards by Bank of America, other banks are pledging not to implement fees of their own, with some banks abandoning plans that were …
Durbin Amendment Repeal Process Starts
It has only been a few weeks since the cap on debit card interchange fees was put into action, but already there is an effort to have Congress overturn the Durbin Amendment.
Chase Waives Fees For Hurricane Irene Victims
JP Morgan Chase has announced that they would offer some assistance to their customers in New York and Connecticut who were recovering from Hurricane Irene by waiving certain fees between August 29 and September 4.
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