Bank of America ((NYSE: BAC) has brought to an end the overdraft fees associated with debit card purchases. This decision can end up costing the bank tens of millions in revenue each year but it would also force the hand of other banks to do the same, which is good news for consumers.
In the past, [...]
All Posts Tagged With: "debit cards"
Debit Card Overdrafts Thing of the Past at Bank of America
Find More Rewards With Debit Cards
Americans are scaling back on their credit card application and usage since the credit crisis of the last few years. More consumers are switching over to debit cards, trying to maintain a cash-only existence. It is estimated that there are now more debit than credit card users according to the latest research statistics. Since debit [...]
January 27th, 2010 | tisha | Comments | Continued
Avoid Holiday Tricks at the Mall
As people struggle to make ends meet and add a little somthing extra under the tree this Christmas, many still fail to resist some tricks that companies are using to make consumer spend more money than they need to or can afford to spend. From retailers to banks, everyone seems to be in on the [...]
December 16th, 2009 | tisha | Comments | Continued
Consumer Debit Card Use Getting Expensive
If you have had a debit card for any length of time, you know the benefit and ease of use that they offer. They are just like writing a check, but without the check. And, they are processed as either a debit transaction with your PIN or as a credit card. In short, they seem [...]
September 27th, 2009 | tisha | Comments | Continued
Consumers Have Learned from the Recession
It may not be big news that consumers have learned some valuable lessons from the recession, but it might be surprising at how quickly they have adjusted to economic conditions. A recent report shows that people have learned to take charge of their finances more aggressively. Consumers are now saving more and cutting spending across [...]
September 13th, 2009 | trisha | Comments | Continued
5 Money Tips for Financial Smarts
While there is often a consistent theme when it comes to financial advice for living paycheck to paycheck, there are some other tips not often included in common methods for hanging on to your money. Those now living paycheck to paycheck, may not be used to having such tight reigns on their cash.
Here are 5 [...]




