Bank Of America's retreat from a proposed $5-a-month debit card fee after angry customer feedback doesn't mean the bank isn't thinking up new ways to charge account holders more money, according to a report in Wednesday's Wall Street Journal.
The bank is searching for new sources of income after a revenue drop of 22 percent since 2009 and is weighing a new fee structure that would charge some account holders as much as $25 a month. The new plan is already being tested in pilot programs in Georgia, Massachusetts and Arizona, according to the paper.
Showing posts with label Slate. Show all posts
Showing posts with label Slate. Show all posts
Saturday, March 3, 2012
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