Sentence examples for fees on debit from inspiring English sources

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Exact(34)

Credit card companies will look to maintain higher fees on debit cards.

Last year, they started imposing new fees on debit cards after new regulations restricted other charges.

And many large banks would feel the pinch of lower transaction fees on debit cards.

Most major banks continue to charge overdraft fees on debit purchases, though some have modified their policies to appease critics.

Processing fees on debit and prepaid cards totaled $20.5 billion last year, according to the Nilson Report, a research firm.

European officials said the initiative partly mirrored the American effort to restrict interchange fees on debit card purchases.

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Similarly, in January 2010, as the Senate debated the Dodd-Frank bill, which tightened financial services regulation, several hedge-fund managers met with Senator Dodd and discovered that, contrary to prevailing opinion, he did not favor capping fees on debit-card purchases.

Bank of America had a one-way conversation about charging a $5 fee on debit cards, and its customers forced the global bank to reverse itself and apologize.

On Tuesday, Bank of America announced it was calling off plans to impose a $5 fee on debit cardholders after an uproar by consumers as well as politicians in Washington.

And, on occasion, enough consumers have pulled together to force a company to back down, as they did in 2011, when Bank of America bowed to customer pressure and dropped plans to impose a $5 monthly fee on debit cards.

The hardest part about writing about Bank of America's dunderheaded plan to impose a $5-a-month 5-a-month 5-a-monthsers is deciding which ofeehe many juicy angles tonpursue.

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