Bank of America to Charge $5 Monthly Debit Card Fee

Date September 30, 2011

I’ve already talked about banks charging debit card fees here, but yesterday it was announced that BofA will charge a $5 monthly fee, just to use your debit card, though not for ATM transactions.

I won’t re-hash what I’ve already written, but I do want to reiterate that MCCU will not charge a fee for our members to use their debit cards. Add to that our already free checking account – such a deal! If you’re local, check us out. If not, find a credit union in your area that also has free checking and debit cards.

Don’t throw away your hard-earned money when you don’t have to.

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