The Senate voted to have the fee Merchants charge for Swiping your Debit Card for that Starbucks Frappabuccio reduced to .12 cents from .44 cents. Every little bit helps but watch out for your Bank making it up with fees on your Checking Accounts and other Services.
You'll pay less per Swipe but watch out for the Banks getting even
by designs 4 Replies latest social current
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moshe
I worked at the local county tax collectors office last winter and the cost to use a debit card to pay real estate taxes was 2.29%!- when homeowners heard that they said-"I'll go home and get my checkbook and write a check instead. " Banks have made so much money from debit cards that they have really had little incentive to make consumer loans.
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designs
Sitting on the (our) TARP money....... rrrrr
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Finally-Free
This is why I:
- Use a credit union that doesn't charge me any service charges except for ATM withdrawls.
- Make one cash withdrawl every payday, and take out enough cash to last me 2 weeks. I use the ATM at work that only charges me 50 cents.
W