When nearly every other financial institution realized they couldn’t get away with charging people for the privilege of accessing their own money, Bank of America held on, trying as hard as they could ...

NEW YORK (AP) - Bank of America Corp. is scrapping its plan to charge a $5 monthly fee for debit card purchases after outraged customers threatened an exodus. The about-face comes as customers across ...

In case you hadn’t heard, Bank of America announced that, beginning in 2012, it was going to begin charging $5 per month for account holders who used their debit cards for retail transactions. The ...

NEW YORK - Angela Malerba, who works in public relations in Boston, carries a debit card because she likes to know when she buys something that she has enough in her account to pay for it. But paying ...

Debit cards pull funds directly from your bank account when making purchases or withdrawing cash. Setting up a PIN and monitoring account balances via mobile apps helps avoid overspending and fees.