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I'm not seeing the outrage towards BoA?

 
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MFAWG
Rich Corinthian Leather Jacket

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I'm not seeing the outrage towards BoA?
« on: September 30, 2011, 06:56:40 PM »

They're going to charge 5 bucks a month to use your debit card for POS purchases, no matter how many or how few times you use it.

Here's a thought: If you don't want to pay the 5 bucks, don't use the friggin' thing!

It's ALL in the customer's hands, and that seems fair enough to me.
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The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life. -- Teddy Roosevelt
dystopia
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Re: I'm not seeing the outrage towards BoA?
« Reply #1 on: October 01, 2011, 07:54:42 PM »

Looks like Citibank is next.

Citibank is next with a new banking fee
http://www.latimes.com/bu...-20111001,0,5755568.story

I'm pretty indifferent.  I've never used a debit card for purchases.

I was actually short BofA for a while but covered late last week.

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Aske
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Re: I'm not seeing the outrage towards BoA?
« Reply #2 on: October 02, 2011, 03:39:57 PM »

yeh, people who can't qualify for credit cards will love losing $60 more a year
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MFAWG
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Re: I'm not seeing the outrage towards BoA?
« Reply #3 on: October 03, 2011, 02:47:54 AM »

Or they could pay cash and keep the 60 bucks.
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The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life. -- Teddy Roosevelt
Aske
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Re: I'm not seeing the outrage towards BoA?
« Reply #4 on: October 03, 2011, 08:17:33 AM »

Or they could pay cash and keep the 60 bucks.

how exactly do you stick cash into an order on amazon, ebay, costco.com or whatever else people in theory--- that bad off--- should be spending at to save $ ?
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
MFAWG
Rich Corinthian Leather Jacket

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Re: I'm not seeing the outrage towards BoA?
« Reply #5 on: October 03, 2011, 06:15:47 PM »

Honestly: I had not thought of that! My scenario involves being at the grocery or some other brick and mortar store where your options are to use a $5.00 per use out of network ATM or to pay the 5 bucks once a month for as many times as you want to use it. That's still not as good as free, but it's better than 5 bucks an occurence.

Here's one idea: Prepaid Visa?
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The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life. -- Teddy Roosevelt
MFAWG
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Re: I'm not seeing the outrage towards BoA?
« Reply #6 on: October 04, 2011, 06:22:18 PM »



So I did something TOTALLY shocking: I went to the bank and asked them. Online purchases made with a Visa or MC  logoed debit card will not be subject to the fee, although they were unclear  on if anybody even takes a flat out debit card on line and whether or not that would apply.


Like I said, not that huge a deal.
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The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life. -- Teddy Roosevelt
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