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31

Oct

The picture says it all, I’ve been a debit card carrying customer of the Bank of America Corporation (BAC) for 12-ish years.  I’ve never had to pay a fee for debit card transactions until now.  In addition to the $5 fee, there’s now a $12 fee that shows up on my account that I have yet to investigate.   Are these the types of decisions responsible for the incredible bonuses yielded by BAC’s top brass?   Notice about 1/3 the way down the page (HERE), the link to “7 banks that are still awesome”… I checked it out, and they ARE.  My question is, if relatively small banks can afford such great perks without insane limitations (sorry but I can’t just keep thousands of dollars in a bank account in order to avoid fees), why can’t the big boys?  Shouldn’t they be just as efficient, if not more so than the little guys?

The picture says it all, I’ve been a debit card carrying customer of the Bank of America Corporation (BAC) for 12-ish years.  I’ve never had to pay a fee for debit card transactions until now.  In addition to the $5 fee, there’s now a $12 fee that shows up on my account that I have yet to investigate.  

Are these the types of decisions responsible for the incredible bonuses yielded by BAC’s top brass?  

Notice about 1/3 the way down the page (HERE), the link to “7 banks that are still awesome”… I checked it out, and they ARE.  My question is, if relatively small banks can afford such great perks without insane limitations (sorry but I can’t just keep thousands of dollars in a bank account in order to avoid fees), why can’t the big boys?  Shouldn’t they be just as efficient, if not more so than the little guys?

7 months ago Short URL