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March 28, 2011
>> i dont. >> i dont either. >> neither do i, but a lot of you do. debit cards are the number one way to pay. and over 70% of folks who have debit rewards, well, they are going bye-bye. cnn money reports that big banks are set to cancel the debit rewards programs. wells fargo and wachovia will end their debit rewards for new customers by april 15th. jpmorgan chase making a lot of changes lately by july 19th. no more rewards for existing customers. and suntrust, no rewards for new customers as of...
March 16, 2011
Contact act protecting consumers on that end of the transaction, theyre looking to protect vendors and retailers by capping fees at 12 cents. the average right now is about 44 cents. so last week in response, jpmorgan chase said that they may cap debit transactions to a maximum of $100 or even $50 no matter if you press credit or debit. and theyre already testing monthly fees of $3 to $15 on checking and debit accounts. today chase has decided to test higher atm fees of $4 and $5. listen up if y...