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- First Hawaiian Bank To Stop Offering Debit-Card Rewards
Tuesday, September 27, 2011 - 10:55 AMFirst Hawaiian Bank
From Pacific Business News
First Hawaiian Bank will no longer offer rewards on its debit cards for its customers in Hawaii, Guam and Saipan as of this weekend.
The Honolulu-based bank blames the Durbin Amendment, which takes effect Oct. 1 and puts a cap on what banks can charge for debit card transactions, also known as swipe fees.
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