Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Petition On Debit Card Fee Attracts 200,000 Supporters

Friday, October 14, 2011 - 12:55 PM
From NYTimes.com
An online petition started by a young Washington, D.C., woman opposing Bank of America’s new $5 a month debit-card fee has attracted more than 200,000 supporters — and, according to the organizer, a personal call from a bank executive.

Change.org, the Web site where Molly Katchpole, 22, started a petition this week opposing the fee, said in a statement that Ms. Katchpole got a call from Andrew Plepler, Bank of America’s social responsibility and consumer policy executive. According to the statement, Ms. Katchpole asked him if the bank would drop the fee and Mr. Plepler said it was “premature” to answer that question.

Later, a spokeswoman for the bank, Anne Pace, said in an e-mail: “We plan to implement the fee in early 2012.”

“Please, do the right thing,” the petition says. “Reverse your decision to charge customers $5 each month for using their debit cards to make purchases.”

7
WhataBummerWhataBummer413 posts since
Oct 15, 2010
Rep Points: 1,702
Reply