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Debit Card Fees Prompt A Push Near Deadline

Tuesday, March 8, 2011 - 8:27 AM
From the New York Times:
Now, as the Fed faces a deadline in April to write the rules for the lower [interchange] fees, banks and debit card companies are engaged in an all-out assault on Capitol Hill, enlisting a growing cadre of lawmakers and lobbyists to push for changes, delay or outright repeal.

Even with an exemption for small banks, my reward checking contact still worries this will have a significant effect on reward checking accounts.
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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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