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 the country ...

Bank of America Corp. is nixing its plans to charge a $5 monthly debit card fee. The bank said Tuesday that the decision to scrap the plan came after listening to customer feedback in recent weeks.

A month after Bank of America announced plans for a widely derided $5 monthly fee for debit card use, BofA, Wells Fargo and Chase are all backing off their plans to charge for debit card use. It’s a ...

CEO Moynihan says bank working to provide fair pricing Says bank also focused on shareholder returns Nov 15 (Reuters) - Bank of America Corp learned a lesson from its now-abandoned debit card fee and ...

In the aftermath of Bank of America’s new $5 monthly debit card fee, politicians, consumer groups, and plain old angry consumers have denounced such fees as unfair and arbitrary, and pleaded with BofA ...