It’s probably too late, as bank customers have become habituated to the use of debit cards, but the solution is for BoA customers to either close their accounts and move to other banks—being sure to tell BoA why they’re closing their accounts—or, better, to STOP USING DEBIT CARDS. I don’t use one, don’t have one, and don’t want one.

My bank (not BoA) sent me a renewal ATM card a few years back and it was a debit card. I called them and told them I didn’t want it, I just wanted a plain ATM card. They sent one to me and I shredded the debit card. I do not use online banking, and I pay my bills by checks that I send by postal mail. It works fine and gives me greater awareness of what payments I’m laying out each month.

It appalls me to see how heedlessly—and readily—customers use credit/debit cards to make even the most casual of purchases. The banks are like drug pushers and once they have hooked customers on the “convenience” of such services, of course one can expect they will eventually add the “convenience” fees to “defray the costs” (sic).

Asinine. Handling cash costs the bank way more than processing debit card
transfers.

So you’ll let a customer use their cards at your ATM machines, which you have to
keep filled with cash, and keep operational, and you’ll have to handle cash coming
in from the merchants, but you won’t let a customer use the ATM card as a debit
card at a merchant without shafting your customer with a $60 / year fee. Asinine.

May B of A, and other foolish greedy banks and their bankers all rot. We don’t
need greedy idiots. (Well, perhaps the Republican politicians do, but not the rest
of the country.)

One morning I woke up to find my good old Washington Mutual had turned into Chase Bank. These people are shameless gougers and chargers of fees, and it’s been going downhill ever since. They won’t charge for using the debit cards for ATM withdrawals, so I guess I’ll be making one of those a month from here on out—-to empty my account of cash right after payday.

Join a Credit Union, the smaller the better.

What would the poor banks do if we all went back to checks?  I’m betting they don’t have the capacity to handle a high volume of checks even for a couple of days.

BofA is a longstanding evil. Go with your local credit union. I have. Never
regretted it.

BofA charged me 99$ to purchase a couple of British Airway tickets as a “transaction fee”.  BofA also charged me $40 to transfer money from Australia INTO my BofAmerica account.

Dumping thousands of employees and groveling for every penny from their current account holders takes the cake of the stereotypical ‘evil banker’.

They are scoundrals through and through.  As soon as I can, I will dump them.

I generally use American money. It’s still good most places. Fook Bank of
Amerika….

Where are my scissors?

Debit cards pull directly from checking accounts.  If
there is a fraudulent use of the card, the money is
gone (unlike credit cards, where nothing has been lost,
no cash leaves your account)  so it is hardly
surprising why the banksters have been pushing debit
cards so hard - the banksters have no liability, no
exposure, no risk with debit cards - all of that risk
shifts to the card-holder who can attempt to recover
the funds, but in the meantime has an emptied bank
account.  Do yourself a favor, and take this
opportunity to rid yourselves of the damned things.

Two words - Credit Unions

Even if your local credit union ends up charging higher fees (due to the intense competition from the commercial banks) at least the CEO’s of these smaller community institutions won’t be flying to work every morning in the company jet…..

Free market means the capitalists have the freedom to do whatever they want.