debit card

Your Money: 5 New Ways to Think About Companies’ Nuisance Fees

NYT > Business  Fri, 11/18/2011 - 19:52

Consumers help write a new set of rules on how to deal with Bank of America’s debit card fee and the copycats in other industries.


 

Could New "Swipe" Fee Law Lower Consumer Prices?

Topix - Business News  Sat, 10/01/2011 - 11:51

A new law goes into effect on Saturday that will cap the amount of money big banks can charge retailers every time a customer makes a transaction with a debit card.


 

Bank of America Debit Card Fee Hike Just the Beginning

Digg - Business & Finance  Fri, 09/30/2011 - 23:12

In case you hadn't heard, Bank of America announced that, beginning in 2012, it was going to begin charging $5...


 

Bank of America to charge $5 debit card fee

Newsvine - business  Thu, 09/29/2011 - 10:34

Bank of America plans to start charging customers a $5 monthly fee for using their debit card for purchases.


 

Merchants beat bankers in Senate debit card vote

Newsvine - business  Wed, 06/08/2011 - 12:59

Merchants triumphed over bankers in a battle for billions Wednesday as the Senate voted to let the Federal Reserve curb the fees that stores pay financial institutions when a customer swipes a debit card.

It was murkier, however, whether the nation's consumers were winners or losers.


 

Wells Fargo stops enrollment in debit rewards

Newsvine - business  Sun, 03/27/2011 - 12:10

Another bank is ending its debit rewards program. Wells Fargo says it will stop enrolling new customers in its debit card rewards program as of April 15.

The San Francisco-based bank says customers who are already enrolled in the program will continue to earn rewards for now.


 

B of A kills overdraft fee -- but customers will pay for it

Digg - Business & Finance  Wed, 03/10/2010 - 23:40

Bank of America just announced it will stop charging overdraft fees of $35 for most of its debit card customers.

You may think that if you pay your bills on time and don't suffer overdraft fees that the changes don’t apply to you.

Well, think again.


 

The Card Game: How Visa, Using Card Fees, Dominates a Market

NYT > Business  Mon, 01/04/2010 - 20:05

When you sign for a debit card at a big retailer, the store pays your bank more than twice as much as when you enter a PIN — a strategy hatched decades ago by Visa.


 

Top 10 Debit Card Do's and Dont's

Digg - Business & Finance  Mon, 11/09/2009 - 16:30

Consumers are trying to keep credit card balances low so many are using debit cards. With retailers trying to ring the register at a record rate this holiday season here are 10 reasons why it's a good time to keep your debit card at home.


 

Hacker Goes After 130 Million Credit Card Numbers

Topix - Business News  Wed, 08/19/2009 - 01:58

AP Federal prosecutors on Monday charged a Miami man with the largest case of credit and debit card data theft ever in the United States.