Bank of America is going to be charging a monthly service fee of $5.00 for using their debit card. This is in addition to the fees they collect from merchants. This would have been harder for them to do if the industry was not controlled by a small handful of large banks.The other large banks such as Wells Fargo, US Bank, Chase and others are sure to follow.
Our government is not doing its job of enforcing anti-trust laws and it is costing all of us. Read More: http://bit.ly/pLz8O4