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  • Banks Quietly Ramping Up Costs to Consumers

    11/14/2011 4:00:12 AM PST · by Cardhu · 40 replies
    NY Times ^ | November 13th 2011 | Eric Dash
    Even as Bank of America and other major lenders back away from charging customers to use their debit cards, many banks have been quietly imposing other new fees. Need to replace a lost debit card? Bank of America now charges $5 — or $20 for rush delivery. Deposit money with a mobile phone? At U.S. Bancorp, it is now 50 cents a check. Want cash wired to your account? Starting in December, that will cost $15 for each incoming domestic payment at TD Bank. Facing a reaction from an angry public and heightened scrutiny from regulators, banks are turning to...