The era of free checking accounts is coming to an end. Many consumers will face an extra $144 a year in account fees, plus higher dues for their debit cars, and increased ATM charges, too. It’s all part of a banking industry ba…
Think before you swipe. Fees at some ATMs are hitting $5 as banks seek to re-coup lost revenue over debit cards and overdraft charges due to federal regulatory changes.
Continue reading ATM Fees Rise as Banks F…
Prepaid credit cards are marketed as a great tool for training teens about credit. But critics point to a long list of steep fees and penalties. That leaves parents to figure out if the credit lessons are worth the money. Here’…
The Treasury Department is launching a pilot program to deliver tax refunds via prepaid debit cards rather than checks.
The plan aims to cut down on the administrative costs associated with checks and to help lower-income taxpayers without bank accou…
New rules proposed by the Fed for debit card transactions may mean consumers end up paying more to use their cards, while big retailers save billions. The rules would sharply limit the transaction fees sellers pay, so banks cou…