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The debit card trap
Not many people would knowingly pay more than $35 for a cup of coffee. But far too many people are getting saddled — with no warning — with outsized bills for minor purchases, under a… -
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The death of overdraft fees
More than a decade ago, when he was a student at George Mason University, Becnel overdrew his Bank of America checking account when he bought a cup of coffee, resulting in a penalty of about… -
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No bank? No problem. Phone apps let you deposit checks
Busy people who use their smartphones to check their bank balances, transfer funds and pay bills have a new reason to bypass banks and ATMs: They can use their phones to deposit checks. Earlier this… -
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Banks seek customers’ help to stop online thieves
For generations, U.S. consumers have relied on banks to bear the primary responsibility for keeping their hard-earned cash deposits out of the hands of thieves. Now, banks want consumers to share the load. About 80%… -
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Bank of the West changes tune on iPod promotion
It used to be that banks gave out toasters to attract new customers. Bank of the West brought that idea into the digital age with a recent offer of a free iPod Touch if you… -
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Retailers fight back over debit swipe fees
The retail industry launched a new campaign Wednesday to protect a federal law that reduces the fees retailers must pay to banks every time a debit card is swiped, a move the industry hopes will… -
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The 1 bank fee that fell flat
Following weeks of outrage over plans for a $5-a-month debit card usage fee, Bank of America surrendered in November, joining Chase, Wells Fargo, and other big banks in backing off from similar charges. Despite the… -
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E-payments rapidly phasing out paper checks
Even in this fast-paced, high-tech electronic age, some of us prefer letters to e-mails, phone calls to texts, and one-on-one conversations — ideally, over a cup of tea — to Skype. Your Money Increasingly,… -
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How to deal with higher bank fees in 2012
You should expect bank fees to go up again this year. How can that be? Customer outrage just forced Bank of America and several other big banks to scrap plans to charge a monthly debit… -
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Bank of America weighs fee revamp
Bank of America Corp. is working on sweeping changes that would require many users of basic checking accounts to pay a monthly fee unless they agree to bank online, buy more products or maintain certain…
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