Consumers Try to Adapt to Exorbitant Debit Card Fees
Within the past few weeks major banks across the USA hikes their fees for using debit cards, while they also discontinued debit card rewards programs. The big banks claim that they had no choice in the matter because they are being overregulated and are losing vital profits, but most consumers consider that a pretty lame excuse.
The fact is that banks are losing profits thanks to the fact that they are finally being forced to stop charging outrageous credit card fees and using sneaky devices to add miscellaneous fees and charges to checking accounts.