BofA, Feeling the Burn, Dumps Debit Fee Plan

In a very Netflix/Qwikster-like move, Bank of America has decided to drop its plan to charge $5 per month for debit card purchases after customers (also in a Netflix/Qwikster-like move) got completely pissed off and let the bank know about it. That is awesome.

The bank said in a statement, “In response to customer concerns and the changing competitive marketplace, Bank of America no longer intends to implement a debit usage fee.”

“Our customers’ voices are most important to us.

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