Another Fee Increase At Bank Of America: Replacing A Debit Card

According to this Boston.com article, Bank of America is planning to charge customers $5 to replace lost debit cards. The fee goes into effect in September. There will be no charge if the debit card is stolen.

I'm afraid we will need to expect more fees like this as the debit card interchange fee regulation takes effect soon.

For other new Bank of America fees, please refer to my blog post on checking account changes and new fees at Bank of America.