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.

Given new government rules on payment processing, giants like Bank of America, Chase and Wells Fargo would benefit immensely ...

In case you hadn’t heard, Bank of America announced that, beginning in 2012, it was going to begin charging $5 per month for account holders who used their debit cards for retail transactions. The ...

The days of the easy fee grab may be coming to an end. Bank of America’s failed plan to impose a $5 monthly debit card fee led to a 20 percent increase in closed accounts in the last three months of ...

The Bank of America says new financial regulations are costing big money, and it's going to charge ordinary consumers to help make up the difference. It will now cost $5 a month to use debit cards ...

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