Big banks have been fighting new federal rules that seek to limit consumer fees on debit cards and overdraft charges. But in the meantime, the banks have a plan B.
Deal Journal colleague Robin Sidel weighed in with an eye-opening story this morning about several banks changing their ATM policies to rake in more fees.
J.P. Morgan’s retail bank, Chase, is even testing fees of $5 in Illinois and $4 in Texas for people who use a Chase ATM and aren’t a bank customer.
