BANKS ARE STARTING TO CHARGE FEES FOR USING DEBIT CARDS.
IF MY BANK STARTS TO CHARGE ME DEBIT CARD FEES, THEN I AM GOING TO SWITCH TO CASH AND ELECTRONIC BANKING OR AUTOMATIC PAYMENTS FOR RECURRING CHARGES.
THE WAY THE WORLD'S FINANCIAL SYSTEM IS DOING, IT'S PROBABLY SAFER TO KEEP OUR MONEY IN OUR MATTRESSES THAN IN ANY BANK - EVEN THE USA'S BIGGEST, THE BANK OF AMERICA - WHICH IS BEING SUED FOR $50BILLION.
Many credit unions and some member owned banks like USAA FSB do not plan to charge these fees. If you move your funds to a credit union you will save money and punish the banks who are charging the fees while keeping the convenience of using your debit card.
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