Breaking Down Bank of America’s New Debit Card Fee

Bank of America claims its new monthly debit card fee is in response to new regulations that limit the fees banks can levy on merchants.

Sources:The Wall Street JournalFox NewsThe StreetCNN MoneyCNNThe New York Times

Watch video: http://www.newsy.com/videos/breaking-down-bank-of-america-s-new-debit-card-fee/

By Jonathan Ketz

Anchor: Christina Hartman

Link courtesy of Newsy.com