Bank of America Corp. is nixing its plans to charge a $5 monthly debit card fee. The bank said Tuesday that the decision to scrap the plan came after listening to customer feedback in recent weeks.

In case you hadn’t heard, Bank of America announced that, beginning in 2012, it was going to begin charging $5 per month for account holders who used their debit cards for retail transactions. The ...

Just months after announcing a new $5 monthly charge for debit cards, Bank of America Corp. caved and eliminated the charge after an onslaught of complaints from customers. But will Boston University ...

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Hugh Son of Bloomberg is reporting that Bank of America, the biggest U.S. lender by assets, plans to announce a $5 monthly charge for some debit card users to recoup revenue lost after new federal ...