RICHMOND, VA (WWBT) - Bank of America plans to start charging customers a $5 monthly debit card fee.
The fee starts early next year.
You'll only be charged if you use a debit card for purchases in any given month.
You won't be charged for using your card at an ATM.
Wells Fargo is testing a $3 monthly debit card fee in select markets.
It comes as new regulations limit what banks can charge retailers each time a customer uses a debit card.