Bank Of America 5 Dollar Debit Card Fee Video
***UPDATE****
Freaking Foxnews Chicago used my vid for their broadcast!
http://www.myfoxchicago.com/dpp/money/bank-of-america-debit-card-fees-meet-resistance-20110930
The crooks are at it again. They'll make over 3 billion a year off this. That's after unloading 73 billion in toxic mortgages onto the US Taxpayer just a few weeks ago. Way to go BOA, you're a class act!
I agree 100% man. ...
I agree 100% man. In October, $25 Billion dollars was already granted to B of A, and more came in from the Treasury totaling $97 billion. And while their profits may still be under attack there still should be no reason to charge a fee on the front lines. AIG was using the bailout money on big bonuses, parties etc... This fee is a reflection of major executives not wanting to lose their accustomed "lifestyle." We won't give them their? "golden" parachute. Get Corporations OUT of politics!
congrats on your ...
congrats on your exposure!? you are super cute by the way ;)
Closed my BOA? ...
Closed my BOA? account, found a credit union that pays me 3% interest on my checking account.
additionally, the ...
additionally, the fee? is not being charged everytime you use your card nor is it charged for having it, its when visa or mastercard get involved in making it possible for us to be able to make a purchase at point of sale, online over the phone etc...
Dude so are you mad ...
Dude so are you mad at the banks or are you mad the the greedy mortgage banks, the countrywides of the world??!! make up your mind! by the way the JP Morgan bank that you are recommending to all of your viewers are also going to be charging a similar fee to their customers, see the thing is, that due? to the government interjecting in order to try to assist the small businesses all banks are going to lose on this one meaning so do WE. . .
Closed my? BofA ...
Closed my? BofA account yesterday.
LOL...people on ...
LOL...people on this thread are actually defending Bank of America's greed, suggesting that it is government regulations fault why this happened. In reality, most of the govt regulations were lifted,? and that is why bad loans were allowed to be passed around unchecked. a lack of regulations is what destroyed our economy. Guess what? Obama refuses to regulate the banks. He is still working under the old Bush plan. Its going to happen again.
gotta love greed.. ...
gotta love greed...? I know they do.
It's "You're" an ...
It's "You're" an idiot, numbnuts.
Secondly, where did I say they charge you $5 per purchase? Nowhere. I was referring to the fee they charge the merchant, when you use a debit/credit card to buy something. That's why stores have a minimum purchase when you use a card, dips**t. It's called? "Reading comprehension," You learned it in middle school. I know what was ancient f**king history to your dumb ass, but I'm sure you can remember. Just try real, real, real hard.
Your an idiot. It's ...
Your an idiot. It's 5 dollars a month only if you use your debit card for purchases. Not if you swipe at the atm and it's not every time you use your card its? only once a month if you use it for purchases. It's uneducated f**ks like you that vote in socialist politicians and then complain when they do what you put them in office to do.
they are ...
they are outsourcing to india because of cheap labor and they can probably beat their emoloyees? to.
No one seems to be ...
No one seems to be talking about how a $5 fee every time you use your debit card is highway robbery in the first place. It may not have been 30 years ago when they first put the electronic systems in place,? but nowadays that's probably $4.95 of pure profit.
f**k the banks, stop making excuses for them.
Uhh...yes I do. I ...
Uhh...yes I do. I made the vid about 5 minutes after reading the news and it's been 2 weeks so I've had some time to "educate" myself on what all is going on with this. Both the govt. and the banks are to blame. I wish someone could explain the 73 billion in toxic? mortgages that they unloaded on the taxpayers. But thanks for trolling!
Uhh... you do ...
Uhh... you do realize this is your government causing the problem right? Before sounding uneducated to the world? on YouTube, maybe try to understand the entire situation first.
It's easy and incredibly naive to just place all blame on BOA for the fee - but for your information BOA is going to lose billions because the government is interjecting where it doesn't belong. Usually merchants pay this fee to the banks when a customer uses a debit card. Thank your socialist government for the change.
If everyone ...
If everyone withdrew their money from the bank wouldn't that lead to? another depression?
"put it in ass ...
"put it in ass national, your back pocket" BRILLIANT GOOD? SIR!
We need to get rid ...
We need to get rid of using banking credit cards, going back to cash temporarily until we succeed in our occupy.It would be the first thing we should do. Cash our checks at the banks that are printed on the checks....until further notice...... Business owners we? hope its only temporary !
if the government ...
if the government is the true cause then maybe we should stop paying taxes. it's the same thing as? leaving b of a, but of course, who wants to be arrested for not paying taxes? If there were only some way to make the government suffer??????
I have? a bank of ...
I have? a bank of america card alone with all my family about ten of us as soon as they start charging we are closing them down. Thought bank of america was looking out for the people but like guess not diappointment f u BOA
I wish I had a Bank ...
I wish I had a Bank of America account right now. Why? ? So I could close it.
I'd certainly like ...
I'd certainly like to know where you're all getting this fairy tail of a 600% profit. The profit margin was more like 30%, after you take into account? other operating costs of the institution and fraud transactions the bank gives back to the customer. Durbins amendment removed that, so who was left footing the bill?
My 15 years of experiance with BofA and knowing how things are done tells me you people are being fed bulls**t by the government (running on deficit spending, BTW)
Obviously you have ...
Obviously you have no clue what you are talking about. Tell me, does it make sense for well paid US workers to compete against people who are making 2 dollars an hour? WE need to end trade with low wage countries and make it illegal to ship jobs overseas. HAHA! The markets are de-regulated, don't you worry. It is still possible to? make 50,000 dollars per hour on Wall Street do to high frequency trading committed by G-Sachs and other investment firms.
Bank of America ...
Bank of America imposed this 5 dollar a month charge to thwart the congress? passed regulation on swipe fees. The swipe fees were already making them 600% in profit, they were already overcharging their customers. Now that they are only making half that amount in profit they deemit necessary to overcharge again with the 5 dollar a month fee?Th 5 dollar a month fee would increase their profits far over their 600% profit margin before the government swipe fee regulation.Seems fishy tome
Operation Bank ...
Operation Bank Crusher-Nov 4th-If you bank at BoA, Chase, Wells Fargo, Citi, close your accounts and use a local bank! Look for my video coming soon-Stay Focused? and Stay Sharp
You have to carry ...
You have to carry the cost so the bonuses? continue? hell no!!!!!!!!!!sign up at GETMONEYOUT+com
Yeah! ASS National!?
Yeah! ASS National!?
"Banking ...
"Banking establishments are more? dangerous than standing armies."
Thomas Jefferson, 1799
You nailed it right ...
You nailed it right on the head. People need to place the accountability on the one who needs it. b***hing and moaning and switching banks is not going to solve the problem.?
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