This Week In Credit Card News: Debit Fees And High-Yield Savings

Forbes | October 3, 2011

“New interchange fee regulations go into effect October 1, but many consumers are already experiencing some painful consequences. New rules that will cut the cost of the interchange fee for merchants have already helped trigger more fees for debit card use, some monthly charges on checking accounts, eliminated most debit card reward programs, and may end the convenience of using a debit card for small purchases.”

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