Bank of America; debit card; monthly fee – latimes.com #swipefees


For its part, BofA has estimated that these new rules will cost it about $2 billion annually in lost revenue. Industrywide, these processing fees brought in $19 billion for banks in 2009, according to the Nilson Report, which tracks card payments.

via Bank of America; debit card; monthly fee – latimes.com.

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