Finally, someone is on the same page as I am. This morning, as I was watching the Sunday Morning show, one of my guilty pleasures one of the commentators complained about bank fees. In particular, she was commenting on debit cards and the fees that Bank of America is going to charge. Apparently, the bank is going to charge $5 per month to use debit cards. Now, that is not fair since the charge is to access your own money. How is that fair. I have always felt that it does not make sense for banks to be charging you to access your own money. I was first introduced to this concept over 35 years ago before it was even introduced and when VISA was actually chargex. At the time, I commented that it did not seem right to have the charges.
Wonder if customers are going to react or blindly just use the card and pay the fees.
Sunday, October 23, 2011
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