Gptreasure

Handing over $11m to 2 executives leaving the bank and on the same time charging $5 per month for using their debit card!

This is madness... (madness? This is America!)

Dear Bank of America, This is Why America Hates You « Wall Street

johnmatrix

They can do whatever they like, it's called freedom! It's what the terrorists want to kill you for.

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geomark

That's right, terrorists hate freedom.

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It means what I say it means - Thaksin Shinawatra

papajohn56

yawn

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Bofu2U

zzzzzzzzzzz

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Jeeta

That's right and alcohol and strip clubs, oh wait...

MrMartin

everyone could do the sensible thing, and join a credit union with no fees, get ATM card usage free, free checking, no overdraft fees, and get money for putting their funds there. What a concept! Actually having a say in how your financial institution is run and getting a share of the money made!

Scheme

I have Bank of America.... I think I am going to be moving to a smaller bank. I have my business accounts with Chase, and Bank of America for my personal.

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megatabbers

Really dig the ending of that article:

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"I have always believed that writing advertisements is the second most profitable form of writing," said BBDO Chairman Philip Dusenberry. "The first, of course, is ransom notes."

jenzkc

if you believe they made a poor decision, then short their stock and take advantage of their mistake instead of being a whiny bitch.

Hav3n

Haven't we been hearing about this since 2008?

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Cut

I have zero issues with the $5 a month extra. When the vast majority will go buy $10 a shot of liquor....... for the whole group of friends. Please complain about something else, just bank somewhere else. I'd rather not put my money in a credit union. I can go anywhere in the country and find a BOA atm. Have you ever tried to call a credit union after hours. Oh wait you can't because they are closed. Online banking is a joke with most credit unions.

If $5 covers convenience then that is fine with me.

quaffapint

Barney Frank f'd over all the banks, and so now the banks are forced to screw you. Go to the source, it ain't the banks, it's our joyous government.

r3p1v

oh noes this company pays it's employees and charges it's customers money. it's madness. we must stop them.

websolutions

start ur own bank and stop your moaning... really if u have 11 mil u have friends just as rich... work together and form a bank..

geomark

BoA once mistakenly credited by banking account with an extra $300. I told them it was a mistake when I went to close the account. They said they could do nothing about it. True story.

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It means what I say it means - Thaksin Shinawatra

dreamache

You closed an account at a bank that credited it with a random $300?

geomark

Took the money and ran. That was a long time ago when $300 was actually worth something.

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It means what I say it means - Thaksin Shinawatra

dchuk

FIVE FUCKING DOLLARS

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Bombastic

OP only gets $5 a week allowance from his parents, so that fee is like 25% of his money. Maybe like 50% after he buys gummy bears and shit.

papajohn56

solution to $5 debit fee: use credit card, pay off balance monthly. earn points or cash back, accumulate no debt, pay no fees.

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erifdekciw

You guys don't seem to understand. It doesn't matter how much money they charge. its the principle of it. A bank shouldn't be charging anyone anything. They should be paying you to bank with them (which they do with savings accounts and what not). Point is they use your money to make themselves richer. Charging your customers any kind of money and you sitting there taking it up the ass thinking its all fine and dandy since its only 5$ just shows how a fool and his money are soon parted.

If your ok with the 5$ fee and don't think its such a big deal thats fine. Just acknowledge that you're an idiot and that you let your bank stick it up your ass while laughing in your face holding your own money, Because that's basically what they are doing.

freezeprogram

fucking thing was at 5.00 two weeks ago. Should have sold some plasma and bought in.

GerardWon

I always love when folks, who have never run a business in their lives, comment about how a business should be run.

Yes they need input from the average brain dead american about how to run their global companies. Oh yeah!

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Napolean

Be mad at the Dodd-Frank bill, not BOA.. btw, other banks are going to have to do the same thing.

Veritas

Doesn't StarBucks coffee cost around that price and no one bitches about that, especially fat chicks..

HomeBusinessGuy

Credit unions will see their business boom if these major banks continue with these fees. So I don't see why people are complaining about this. I mean unless there were no other options but to do business with a bank that charges a debit card fee then there's no reason to complain. Take your money and move it elsewhere. Make a statement that way. Don't keep your account with BoA or some other bank with a fee you don't like and verbally complain because it won't do any good. They'll just keep charging the fee and laugh at you the entire time. Make a real statement to the banks by moving your money to a credit union or a bank without a fee.

papajohn56

Be mad at Dick Durbin

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Sulphur

Some people don't shop American Apparel, drink Starbucks or go to clubs. I still have a few friends who have never owned a computer. They work, have roommates, shop at Goodwill and the dollar store. I know it sounds crazy... but they're out there.