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Detailed text transcripts for TV channel - FOXNEWS - 20111028:23:49:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111028:23:49:00

Shown shep you are angry and they heard you. lots of folks outraged that banks are planning to charge new debit card fees whitehall low wean eve. it seems some other banks are getting the message. word jp morgan chase latest to decide they will not charge customers extra to spend their own money. here are the banks that plan to tack on fees for at least some of their customers. bank of america, sun trust, wells fargo and regions. and coming here the growing ranks of those reporting they will not chase joining city bank, pnc and others. this as small community banks report a boom in new custome...

Detailed text transcripts for TV channel - FOXNEWS - 20111028:14:36:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111028:14:36:00

Eight months of consumer testing to find out whether or not people wanted an extra charge on their debit card. i could have told them that in about 30 seconds. >> yeah, somebody made a lot of money. martha: exactly. >> it wasn't the eight months that really messed them up. it was the last month that the bank of america did it and they had a skwraoeupbtd backlash. the thing is in this particular climate with occupy this. and blame that person, and go after the rich, and go after wall street, without a doubt the timing is bad on this. no one likes this idea. it does seem like it's hurting, a lot...

Detailed text transcripts for TV channel - FOXNEWS - 20111028:19:12:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111028:19:12:00

Sees? i have some. last in when bank of america announced they would start charging customer as monthly fee to use the debit cards for purchases, charging folks to spend their money, about $5 a month, now some of the other big bangs have wised up and realized customers hate this idea and now j.p. morgan and joining pnc among others by announcing it will not be following bank of america. and now to san francisco newsroom. this is good news. >>reporter: it is. j.p. said it did eight months of consumer testing and concluded that imposing monthly fees on debit cards really didn't work for them. it...