Tag Archives: debit cards

Debit or Credit? Here’s Why All the Stores Are Asking…

I couldn’t stop to think about why every transaction I make at the store requires me to push “debit or credit”. At the end of the day, it makes very little difference to me. The exact amount of money will leave my account one way or another. You would think that every purchase you make with your debit card would…

Ben’s Challenge, Week 2: Spending Less

To spend or not to spend? That is the question. Actually, the real question is: “How to spend less?” I’ve been thinking about it a lot this past week as I’ve been doing Week 2 of our Zero Debt Action Plan. I certainly wasn’t expecting it would be easy when I agreed to do this challenge, especially the part about spending…

Online Banks Vs. Traditional Banks: Which is Right for You?

This is a guest post by Carrie Smith, the genius behind the Careful Cents personal finance blog. She’s a Certified Bookkeeper and Financial writer. She’s also a career junkie, social media addict, debt hater and food lover. Follow her on Twitter @applecsmith. Has your bank recently raised its fees? Or maybe you’re tired of making trips to the bank? If so, you might…

Bank of America Backs Down from $5 Debit Card Fee

Rarely does a company get such immediate and negative feedback from its customers as Bank of America did when they announced a new $5 fee for debit card users one month ago. At the time, their spokeswoman Anne Pace said “the economics of offering debit cards have changed.”  But apparently they haven’t changed enough to allow the $5 fee to…

Bank of America Announces New Fees For Debit Cards

Quick, check your wallet — if you happen to have a debit card issued by Bank of America, you should be prepared to pay a new $5 monthly fee starting as soon as January. The bank says it will charge customers the $5 fee in any month in which they make a purchase with their debit card.  Bank of America…