mind your business

Tuesday, November 1, 2011

Bank of America Five Dollar Fee for Debit Cards to be Cancelled Due to Popular Outrage

CNN reports:

Bank of America is dropping its planned $5 debit card usage fee after widespread customer complaints.

"In response to customer concerns and the changing competitive marketplace, Bank of America no longer intends to implement a debit usage fee," the company said in a statement. "We have listened to our customers very closely over the last few weeks and recognize their concern with our proposed debit usage fee,” said David Darnell, co-chief operating officer. “Our customers’ voices are most important to us. As a result, we are not currently charging the fee and will not be moving forward with any additional plans to do so."

Excellent. Just don't install any annoying new chat bars on the right hand side of your banks, and things should go pretty smoothly from here on out. I swear, these giant companies should pay me to consult for them before they do anything.

Wes Messamore,
Editor in Chief, THL
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