$50 spending limit on debit cards coming soon
If you didn't see this coming when the federal government got involved with bank fees, then you were either not paying attention, didn't care, or were a fool. Banks aren't in business to lose money. They're almost as clever as casinos when it comes to making money. If a fee is lowered one place, it's raised somewhere else. Force them to lower a bunch of them, and they make it all somewhere else... and probably even more than before. Cut the fee a bank earns with every debit card transaction, and they'll just force you to make more transactions!
Maybe I should just stuff all my money in my mattress again.