Consumers now paying ‘per-swipe’ fee on debit card purchases

First they charge up to $5.00 per transaction at the ATM machine… Now we can look forward to both monthly charges AND per swipe fees for the privilege of using a bank debit card while shopping. It’s time to start carrying cash again, consumers. Read the infuriating article in the New York Times… Related articles … Continue reading »

SHORTCHANGED: States Charging Unemployed Fees To Collect Benefits

WASHINGTON — Many states shortchange the jobless by distributing unemployment benefits on debit cards loaded with obnoxious fees, according to a new study by the National Consumer Law Center. Of the 40 states that have switched from paper checks to prepaid debit cards, 22 states’ cards charge ATM fees, 24 charge balance inquiry fees, and 28 … Continue reading »