The responses seem overblown and entirely too emotional.
So, you're saying that if one maintains a comfortable amount of money in one's accounts, this isn't an issue? But if one is not capable of keeping a "modest" sum in the bank, it is? Wouldn't you say the latter is more likely to be keen on keeping every dollar possible? I do not think the reactions are odd. Not even remotely.
Bank of America faces outrage over debit card charge
- 30/09/2011 06:27:03 PM
943 Views
I'm so glad I don't bank with them.
- 30/09/2011 07:01:32 PM
544 Views
I just went to TD for my personal acount today...we are still looking for our joint account... *NM*
- 30/09/2011 08:15:57 PM
196 Views
screw all the big banks
- 30/09/2011 07:19:36 PM
492 Views
I love my credit union, so drama free. I would never switch to a bank. *NM*
- 01/10/2011 03:04:39 AM
236 Views
Yeah, do more of what made folks mad enough to pass a federal law and kill your stock price. 
- 30/09/2011 08:35:19 PM
476 Views
- 30/09/2011 08:35:19 PM
476 Views
Hopefully this means no-one will dare do that here, having seen the reaction.
- 30/09/2011 11:11:29 PM
490 Views
Can't believe they're still in business. They are a shame to the human race. *NM*
- 30/09/2011 11:26:32 PM
211 Views
You mean BoA, not banks in general, right? 
- 01/10/2011 02:41:36 AM
605 Views
- 01/10/2011 02:41:36 AM
605 Views
Maintaining a modest sum of money in checking/savings/CDs obviates this charge and most others
- 01/10/2011 02:02:51 AM
539 Views
Hm?
- 01/10/2011 02:12:41 AM
482 Views
Right. It's not an issue if the combined total meets BoAs requirement.
- 01/10/2011 02:33:15 AM
646 Views
The bank may have the right to protect itself from losing money
- 01/10/2011 03:15:52 AM
559 Views
Yes, but griping about pains arising from symptoms does nothing to cure the disease.
- 01/10/2011 03:25:29 AM
546 Views
I'm still right. 
*NM*
- 01/10/2011 04:23:06 AM
202 Views
*NM*
- 01/10/2011 04:23:06 AM
202 Views
As long as account holders indefinitely surrender enough of their money for the bank to invest?
- 01/10/2011 02:35:49 AM
469 Views
No. I mean BoA doesn't want to have clients who cost money rather than make money for the bank.
- 01/10/2011 02:57:20 AM
540 Views
Well, charging people $5/month to use their own money will not accomplish that goal.
- 01/10/2011 03:24:07 AM
491 Views
Sure it will. They'll pay the fees or they'll leave. Either way BoA wins on that front.
- 01/10/2011 03:31:23 AM
597 Views
I suppose, if turning the departure of account holders into a stampede counts as "winning."
- 01/10/2011 04:18:11 AM
566 Views
If it's limited to the targeted account holders, the unprofitable ones, then it is winning.
- 01/10/2011 04:53:20 AM
553 Views
But the targeting is determined by how much money account holders semi-permanently loan banks.
- 01/10/2011 05:49:57 AM
615 Views
Love my credit union, I would never use a bank if I absolutely didn't have too. Go CUs! 
*NM*
- 01/10/2011 03:06:21 AM
206 Views
*NM*
- 01/10/2011 03:06:21 AM
206 Views