"For many consumers, the Bank of America debit card fee was the last straw," said Norma Garcia, manager of Consumers Union's financial services program. Banks have blamed the new fees on a ...

Bank of America got pummeled by investors and customers Friday, after announcing a $5 monthly fee on many debit cards.

Bank of America will become the first major bank to charge customers across the country a monthly fee to shop with their debit cards, part of a wave of changes that are eroding the low-cost model ...

Bank of America's debit card fee will be rolled out in stages starting with select states in early 2012. The company would not say which states would be affected first.

Earlier this year, Bank of America announced plans to charge debit card customers a $5 monthly fee for simply existing and then tried to pass off the fees as a tax. The backlash was swift and painful.

Security breach involving undisclosed company prompts Bank of America to cancel debit cards of numerous customers.

Bank of America is nixing its plans to charge a $5 monthly debit card fee. The bank said today that the decision to scrap the plan came after listening to customer feedback in recent weeks.

It’s the first major U.S. bank to issue debit cards with more secure chip technology, a move other banks are sure to follow.

Bank of America said it plans this week to begin issuing customers new debit cards embedded with microchips designed to better protect consumers from fraud.

South Florida residents and visitors who use Bank of America will have to pay a bit more next year to use their debit cards to pay for purchases.