Topic: Brian Riley
Bank of America: The 38.7 million people who carry Bank of America debit cards will face a similar decision in the latest example of banks raising fees or establishing new ones — not just for debit cards but for checking accounts, visiting ATMs, even talking to a teller.
Credit cards are losing their luster as a method of payment, especially among young adults.
Bank accounts with no fees attached are becoming a thing of the past at large US banks, which are starved for revenue.
Shoppers should consider a retailer's financial health before buying its plastic.