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Originally posted by marg6043
I just saw the news on this one, this very interesting because it was an interview about the issue with a Fat rat from another bank that is thinking about doing the same on the charges.
He said that the reason they are doing it is because they are capitalist and in a capitalist society they owned to their share holders to get them the most for the investments in the banks.
So rather than cut the big CEOs benefits and salaries they rather gouge the consumer so their share holders can get their fair share of capitalism at work
I say screw them, get the hell out of any bank that will increase their fees on you you work hard for you money the fat rats do no need anymore big houses and bonuses.
AMEN TO THAT!!!!
Walk the more people walk the more we will see society turn into what WE envision. All my money I plan on keeping in a nice home safe. One with fire resistance and impossible to safecrack
Originally posted by Trolloks
Any bank that charges you to use your debit is signing a death wish, it will never happen. Its commercial suicide.
Originally posted by bluemooone2
Senator Dick Durbin is blaming the BOA in this (LOL I love the way he explains to us what a debit card is , and how to use it in front of congress ) Any way , this is HIS fault.
The Dodd-Frank Act’s Durbin amendment, due to go into effect on October 1, caps fees banks can charge merchants for processing debit card transactions at 21 cents per transaction from an average of 44 cents, potentially costing banks billions of dollars.