Remember the $5 monthly fee Bank of America planned to roll out for all its debit card customers? In a complete reversal, the bank now – one month later – says it’s dropping plans to introduce that fee. It’s a big victory for the 200,000 customers who signed a petition on Change.org calling for Bank of America to drop this fee. To learn more The Takeaway is joined by Pamela Banks, senior policy council for Consumers Union, and Ron Lieber, personal finance reporter for The New York Times.
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