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Bank of America’s $5-a-month debit card fee may not happen next year as initially planned due to extremely negative feedback from Bank of America customers.  Reuters, citing “a person familiar with the bank’s plans” says B of A may make it possible for many of their customers to avoid the $5 monthly fee, which has …

Last week Bank of America, the largest bank in the USA, said it plans to start charging a $5 monthly fee to customers who used their debit card for purchases.  This is just the first in line of some expected changes as new regulations limit banks’ profits. Wells Fargo and Chase are testing $3 monthly …