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More bad news for bank customers: Debit card feesPaying to use a debit card was unheard of before this year and is still a novel concept for many consumers. But several banks have recently introduced or started testing debit card fees. That's in addition to the spate of other unwelcome changes ... read more
Eftpos customers face new debit card fees
Australian shoppers are being warned they may be charged a new fee from tomorrow when using debit cards at eftpos machines. Retailers will be now be charged a fee every time something worth $15 or more is put through on a debit card. ... read more
BofA's New $5 Debit Card Fee? Blame Dodd-Frank
The Durbin Amendment essentially limits the amount of money banks collect from merchants, like Target for instance, each time you use your debit card there. Back in June I said that that while placing a cap on those debit card fees might be great news ... read more
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