What Were 2011′s Stupidest Consumer Fees?
As consumers, we’re all used to being nickel-and-dimed to death with fees — from charges for checking a bag when we fly to charges to pay a bill online, we see them every day. They may be small, but they add up. And some were even more egregious than others in 2011.
Bank of America Will Not Charge Monthly Fee for Debit Card Usage
In September, Bank of America announced it would soon begin charging customers a $5 monthly fee for using their debit cards, saying it was recouping losses from new laws that limited how much it could charge merchants when debit cards were swiped during transactions.
But after a firestorm of negative…