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BofA Cancels Plans For Debit Card Fee
Bank of America canceled plans to impose a $5 monthly fee on customers who use debit cards in stores and restaurants. The bank's original decision to charge the fee came under sharp attack from consumer groups and individual customers.
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•
4:29
Feds Say 'Unbanked' Can Buy Insurance With Prepaid Debit Cards
About a quarter of uninsured people eligible for federal subsidies to help them pay for health coverage don't have bank accounts. A new rule would require insurers to accept payments made many different ways, including by money order and prepaid debit card.
New Law Makes Freezing Your Credit Free In All States
NPR's Ari Shapiro speaks with New York Times "Your Money" columnist Ron Lieber, about free credit freezes the big credit reporting companies are required to provide for consumers.
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3:41
Fraud case highlights the need to secure Social Security cards
A local man pleaded guilty Thursday to a felony scheme to defraud, stealing Social Security numbers of young people and getting credit cards and buy…
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1:12
Schumer Says Banks Charge Hidden Fees on Debit Cards
By Eileen BuckleyBuffalo, NY – US Senator Charles Schumer says many area consumers are unaware that banks in Western New York are charging hidden debit…
Visa Card Worth Its Weight In Gold
For those who want to buy bling with bling, a bank in Kazakhastan plans to offer a Visa card made of gold plus a couple of dozen diamonds and mother of pearl. It will require $100,000 upfront, and an annual fee of $2,000 — but there are no late frees and you get a free iPhone.
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0:29
Fitch just downgraded the U.S. credit rating — how much does it matter?
The U.S. is no longer rated at the top-notch AAA by Fitch. Here's what credit ratings are, and why they (mostly) matter.
Inflation is top issue in this week's midterms
Rising prices are a top concern for voters in this year's midterm elections, outpacing abortion, crime and defending democracy. Prices in September were up 8.2% from a year ago.
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11:08
Prepaid Debit Cards Not As Simple As They Seem
More people are using prepaid debit cards, but not all the cards work the same way, especially when it comes to the fees they charge. Money Coach Alvin Hall gives some tips.
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6:54
Credit Reporting Agency Equifax Reveals Massive Hack
NPR's David Greene talks to Washington Post reporter Craig Timberg about the hacking of credit reporting agency Equifax. Hackers may have gained access to data from 143 million Americans.
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3:06
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