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View Diary: Today, I Closed My Bank of America Account. #OccupyWallStreet (81 comments)

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  •  They also charge merchants per... (0+ / 0-)

    ...transaction.  But recent legislation capped the maximum allowed per transaction.  Some banks offered incentives to people who forgo "debit" and instead process their purchases as "credit" but BoA decided the best way to recoup those losses was to charge to use it.

    They're still making money, just not as MUCH.  And heaven forbid.  

    Let there be balance in all things.

    by DawnG on Mon Oct 03, 2011 at 05:34:28 PM PDT

    [ Parent ]

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