Bank of America announced on Tuesday that it has dropped its plan to charge customers $5 a month for the right to use their debit cards when making purchases.
The initial decision to charge customers the fee drew a huge backlash from the public. Many withdrew from the bank in protest because of it.
Other banks like Citgroup and Wells Fargo have also scrapped plans for a debit card charge, according to reports.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
If you used Bank of America before the fee was announced and then switched banks, will you go back? Or do you think everyone overreacted to the fee to begin with? Tell us in the comments.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
We’ve removed the ability to reply as we work to make improvements. Learn more here
