Outrage, Flip-flop | featured news

(Image from article: "Bank of America nixes $5 debit card fee")

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Verizon drops $2 'convenience' fee

Less than 24 hours after it announced it would charge a $2 "convenience fee" for every one-time online or phone payment customers make, Verizon Wireless reversed course after consumer outrage spilled onto the Web.

Senh: Thank you public outrage, you've reversed yet another scheme by corporations to sneak more money out of us during a recession.

Bank of America nixes $5 debit card fee

Bank of America Corp. is scrapping its plan to charge a $5 monthly debit card fee. The bank's decision to drop the fee came after a roar of customer outrage in recent weeks over the fee. Other major banks, including JPMorgan Chase & Co. and Wells Fargo & Co., already canceled tests of similar debit card fees last week.

Senh: It's good to see that the banks are listening to their customers. It's also good to see that the public come together and have a positive affect on debit card fees. I only wish the airlines would do the same with their fees.

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