News: Bank of America Announces $5 Debit Fee

Bank of America customers who make purchases using their debit cards will be charged $5 a month, starting next year, the bank announced today. Customers will be charged the fee whether they make one purchase or several in any given month.

Source: Wall Street Journal

My thought: As predicted, banks are coming up with more and more fees, after losing billions after the overdraft law was passed in 2010.