Banks Hit Customers With Fees For Using Debit Cards

Remember when the only choices were cash or check? ?Credit cards came along, and then banks began combining the options with the debit card, linked directly to your checking account. ?But as new regulations severely limit the fees banks can collect from merchants for debit card transactions, Bank of America announces a new monthly surcharge to get customers to pay those fees.

FOX News Radio’s Jessica Stone has details from Washington: