Bank Of America Does 180 On Fee Plan

It looks like debit card holders won’t have to fork over that extra Lincoln every month to the bank.

Just when Bank of America thought that it was about to collect an additional five dollars a month from its members, the tides have turned.

After the bank announced in September of its intentions on assessing the new fee, customers revolted in mass denouncing BOA’s actions. 300,000 customers signed a petition threatening to close their accounts.