DebitCards
Switching banks is a hassle, but outrage over the big financial institutions' efforts to pile on new steep fees pushed more than 2 million people to close their accounts over the past 3 months. Is Bank Transfer Day becoming Bank Transfer Year?
Credit cards are making a comeback. At the end of 2008, more consumers were using debit cards than credit cards but now that trend has reversed. It's hard for some consumers to resist: Banks have been ramping up solicitations and boosting incentives for credit cards over the past year in an effort to get them to choose credit over debit. But have the big banks changed their ways?
Salvation Army Bell Ringers Get a Mobile App Upgrade
7:00AM 12/01/2011
For over a century, the Salvation Army's red kettles have reminded holiday shoppers not to forget charity during the season of giving. But this year, you don't need cash on hand to give, because there's something new in the kettle: a card reader and a mobile donation app.
More than 13 million Bank of America debit-card customers could see some repayment for excessive overdraft fees the bank charged them over the course of a decade. A federal judge has approved a $410 million settlement to compensate customers who were charged fees as a result of the bank posting transactions from highest to lowest dollar amount, rather than in the order they occurred.
How to Beat the Big Banks at the Fee Game
2:15PM 10/28/2011
Columnist Laura Rowley cuts through the hype and explains how she found banks that would pay her for her checking account instead of the other way around.
As Customers Flee, Big Banks Don't Seem to Care
7:10AM 10/24/2011
Credit unions, mid-size banks and online institutions are eagerly stepping up to capture banking customers who are fed up with increasing fees at the biggest banks. And so far, it seems, those big banks don't mind losing their business.
Bank Fees: What's the Breaking Point for Customers?
2:03PM 10/19/2011
Bank of America learned pretty quickly last month that customers think $5 a month is too much to pay to use a debit card. But is there such a thing as a reasonable bank fee? One in three people say they're prepared to walk away from their financial institution to avoid a fee, a new survey reveals.
As Angry Customers Flee Financial Giants, Online Banks Are Booming
3:30PM 10/06/2011
While thousands of Americans unleash their anger at big banks in protests around the country, many more are registering their dissatisfaction from their keyboards. In the wake of last week's news that Bank of America is adding a new $5 fee for debit card use, online-only banks saw waves of new customers coming through their virtual doors.
A new report emerged Tuesday that Wells Fargo will begin charging some customers $3 every month to use their debit card -- further indication that banks are putting on the squeeze as new swipe-card regulations are set to take effect.
CardHub.com recently put five of the most well-known prepaid card issuers under the microscope to see how useful their products are based on fees and features. Which offers the best deal? The answer might surprise you. But the real question is should you use a prepaid card at all.
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| Symbol | Last | Change / % | Volume |
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| 8.07 | -0.11 -1.34% | 254.23M | |
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% Gainers
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| 10.50 | +1.10 +11.70% | 3.07M |
% Losers
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