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: Loan Modification & Home Loan News

Visa Using Hidden Debit Card Fees to Dominate Market

By Moe Bedard

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When you sign a debit card receipt at a large retailer, the store pays your bank an average of 75 cents for every $100 spent, more than twice as much as when you punch in a four-digit code. The difference is so large that Costco will not allow you to sign for your debit purchase in [...] Related posts:
  1. Chase and Bank of America Revise Fee Policies Bank of America and JPMorgan Chase, two of the nation?s...
  2. Anger at bank overdraft fees gets hotter, bigger and louder At first glance, banks’ practices seem reasonable enough: Overdraw your...
  3. Senate Blocks Credit Card Interest Rate Freeze Bill The bankers win, yet again. What, did you think otherwise?...
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Full post as published by Loan Modification & Home Loan News on January 06, 2010 (boomark / email).

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