The economy is still in doubt and we gave banks billions in a bailout, but they still want to charge the consumer a $5 dollar debit fee to use their free check card. I wonder how long this plan was in effect, but let’s crunch the numbers $5 dollars per month, which is $60 dollars per year, off an average of 1,000 customers runs about $60,000 a year in free money. Happy New Year “Bank of America” consumers as we figured out another way to take your hard earned money. Be on the look out for this in 2012.
Cash will always be king!