money

Banks Determined to Sneak in New Fees

LOS ANGELES, CA - SEPTEMBER 29: A customer uses a Bank of America ATM on September 29, 2011 in Los Angeles, California. Bank of America annouced its plans to start charging a $5 monthly fee for customers using their debit card for purchases starting early in 2012. (Photo by Kevork Djansezian/Getty Images)
LOS ANGELES, CA - SEPTEMBER 29: A customer uses a Bank of America ATM on September 29, 2011 in Los Angeles, California. Bank of America annouced its plans to start charging a $5 monthly fee for customers using their debit card for purchases starting early in 2012. (Photo by Kevork Djansezian/Getty Images) Photo: Kevork Djansezian/2011 Getty Images

Although Bank of America dropped plans of a $5-a-month debit card charge after a burst of customer and political outrage, they’ve been working diligently to figure out a quiet way to get their money up. The Journal reports today that the bank is almost there, testing a range of monthly charges on checking accounts that don’t meet a minimum balance. Shoeboxes under the bed may yet have a comeback.

Banks Determined to Sneak in New Fees