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bank fees

Bank of America Announces They Will Reverse Debit Card Fee

Bank of America customers have been arguing against the proposed $5 debit card fee for that last month. More than 300,000 people signed an online petition while another 21,000 promised to close their Bank of America bank accounts if this fee was added. Bank of America announced yesterday, Tuesday, November 1, that they will be […]

Monthly Fees for Debit Card Usage

If you use a debit card, pay attention! Early next year, Bank of America plans to join other banks in charging their customers a monthly fee for debit card use. At Bank of America, the new $5 fee will be added to all basic accounts on top of any existing monthly service fees. Card users […]

Three Easy Ways to Avoid ATM Fees

An ATM is supposed to be a way to access your money at your convenience, not have it taken away. Some ATMs charge only a dollar or two, but some can even go up to four or five dollars each time you take out cash. That is a waste and an easy way to throw […]

Credit Card vs. Debit Card: Week 2 of 2

Many people want to gain better control of their finances by using a debit, but don’t want to have negative effects on their credit scores and finances by doing away with the credit card. Both have perks, which is why you should not do away with one or the other completely. Last week we discussed […]

Credit Card vs. Debit Card: Week 1 of 2

We all know that having a debit card and having a credit card has perks. Over the next two weeks we will discuss the advantages of both. This week we will look at the advantages of credit cards. Some wonder if it is best to get rid of the credit card completely and just use […]