Verizon Wireless Recants, Won't Charge $2 Fee
Top message: Good by OmegaWolf747
Replying to: Re: Good by Jayshmay
Jayshmay said:
Verizon should have learned from that stunt BoA tried to pull a few months ago with that $5/mo debit card fee. Consumers don't like to be f'd with!
I agree, but maybe they were looking at the airline industry and how commonplace fees for everything are there. Who knows.
The BofA fee was another boneheaded move from the point of the consumer, but there is more behind that then most people realize. It was a direct response to government meddling in the financial system. Each debit transaction will now be capped by the government. Merchants won, Banks lost near term and we the consumers will lose long term when it's passed onto us.
Here I am making this political...yikes
Anyway, glad the fee is gone for the moment
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