Bank of America is about to charge us $5/month for using our Debit cards -- the screwing never ends

[Cyrano]

These miserable bastards are already making money off of every dollar you have in your checking account. But it’s just not enough for them. Why should they settle for what they’re making when they can steal more from us?

It’s just a matter of time before the other big banks start charging us for using our debit cards. And what are we going to do about it? What can we do about it? Once again, the banks are screwing us knowing that we’re helpless, stuck and fucked.

They are sucking away every cent we own, all the blood from our bodies, and any hope we have for a better future. What the hell is it going to take before the vast majority of us go totally berserk and start fighting back?

I guess that’s my bottom line question. What’s it going to take before we start fighting back against those who are killing us an inch at a time?

[The Velveteen Ocelot]

1. Move your money to a credit union.

They are member-owned and therefore less likely to screw you.

[wtmusic]

2. That's where I'm going.

There's one at the end of my block, and I should have moved long ago.

[XanaDUer]

3. If and when my bank starts

I am moving money into a small account with a free debit at my credit union.

NO WAY am I paying for this shit now.

[wtmusic]

4. As my wife pointed out, they'll be charging us $5 so they don't have to hire a teller

Da noiv!

[still_one]

5. If you use it as an ATM you won't be charged. You don't like it go to another bank /nt

[Cyrano]

6. You won't be charged only as long as you use it at one of their own ATM machines

And how long do you think it will be before the other banks jump in on the raping of their customers?

[still_one]

7. Most of the banks already do that, the only ones that don't are credit unions around here /nt

[dixiegrrrrl]

9. You are not charged for using their ATM....YET.

Shortly after debit cards came out, Mr. Dixie predicted they would charge fees to use them one day, as soon as enough people got used to them.
He also said they would charge a fee for using your own banks ATM, someday soon, and that banks would limit your access to your own cash by by having withdrawal limits on amounts.

Are there withdrawal limits on how much/how often you can use your banks ATM?
Why would you think that would be only applied to ATMs at some point?

[WinkyDink]

22. Are you aware of the bank mergers in this nation? E.g.:

[backscatter712]

8. Credit Unions for the win.

Right now, my money's in a small regional bank, so the banksters at DOA BOA can't scalp me.

[Modern_Matthew]

10. Take your business elsewhere and stop complaining.

Be a good Capitalist and show them the power of the free market.

:sarcasm:

[dixiegrrrrl]

11. Guess what..ATM fees ARE coming!

"Chase, PNC and TD Bank are testing ATM fees as high as $5 a pop in some markets."

2nd paragraph in this story:

http://finance.yahoo.com/banking-budgeting/article/113596/time-ditch-debit-card-smartmoney?mod=bb-checking_savings&cmtnav=/mwphucmtgetnojspage/headcontent/main/113596//date/desc/11/s9597428

[fortyfeetunder]

17. No surprise here!

Before long, might have to pay to even enter a bank!

[dixiegrrrrl]

19. Turnstyles, like BART...or Metro!!

[ck4829]

12. Don't complain, that's class warfare. K&R.

[gtar100]

13. Guess they're not making enough money to cover their costs.

Such as dividend checks.

[Shagbark Hickory]

14. No duh already. How many dupes do we need? n/t

[rhett o rick]

15. If you have money in Skank of America, you are part of the problem. nm

[MrsCorleone]

16. Think of all the folks with BofA Unemployment, Disability, and Paid Family Leave debit cards.

I hope BofA debit card holders realize that their benefits will be reduced by these fees.

https://prepaid.bankofamerica.com/EDDCard/Pages/Home.aspx

[subterranean]

18. You can avoid the fee by paying for things the old-fashioned way.

Use cash for small purchases and checks or credit cards for larger purchases.

[Cal33]

20. It seems to me some big banks have become so greedy, that they are

committing slow suicide. More and more of their customers are switching!

[WinkyDink]

21. Hence wherefore the POOR are to get DEBIT CARDS. TO IMPOVERISH THEM FURTHER.