cause Last month, Bank of America decided that it would start charging monthly for the use of debit cards. Some companies (including SunTrust and Regions) followed suit. Consumers freaked out and totally got up on arms.
reaction With some time and distance away from the original decision, a number of large banks have chosen not to follow suit — among them J.P. Morgan Chase, which tested them for months and found that they weren’t working. source
hollylocks said:
fyi, in Canada, its policy at every bank to pay monthly fees for debit cards…except for at President’s Choice, which is a discount bank that doesn’t have branch locations….and students are free from fees at all banks.
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