The Cellar - So, B of A and the $5.00 debit card

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- - So, B of A and the $5.00 debit card (http://cellar.org/showthread.php?t=26004)

Quote:

Originally Posted by footfootfoot (Post 761019)

I shop at a lot of places that don't accept cards or checks. Cash only. If you are good enough you can command those terms.

My local shop does not accept any card, but has a cashpoint outside, and a sub Post Office Branch inside open from 09.00-1800 (so I can make withdrawals of under £10!) as well as posting various things overseas :)

It's unusual here to have a convenience store which refuses any cards for any purchase, but Mr Shah was old when I shopped there as a child, and he's a canny one. It might surprise the occasional passer-through, but everyone locally knows he doesn't take cards or cheques, or give credit, so his terms are simply accepted.

Most other small establishments will only take cards for £5 or over.
S'okay by me - I make small purchases and bus journeys, so even with a debit card I have to carry cash. If I have it to start with.

For every regulation the government makes on any industry, in this case banking, which takes away profit because of increased government control or taxation will be passed on to the consumer one way or another, immediately or over time. Government control and meddling of this sort will always get a big FAIL.

Quote:

Originally Posted by TheMercenary (Post 761460)

For every regulation the government makes on any industry, in this case banking, which takes away profit because of increased government control or taxation will be passed on to the consumer one way or another, immediately or over time. Government control and meddling of this sort will always get a big FAIL.

Including the DO NOT CALL lists ?

oh, go on, you anarchist you.

Especially, since politicians exempted themselves from the Do Not Call List laws.

rat bastards.

Quote:

Originally Posted by Lamplighter (Post 761475)

Including the DO NOT CALL lists ?

Oh, but that will not matter much when Obama gets to give all those cell numbers to bill collectors...

http://www.naplesnews.com/news/2011/...ss-cell-phone/

Quote:

Originally Posted by footfootfoot (Post 761477)

Especially, since politicians exempted themselves from the Do Not Call List laws.

rat bastards.

That and Obamacare...

Quote:

Originally Posted by footfootfoot (Post 761477)

Especially, since politicians exempted themselves from the Do Not Call List laws.

rat bastards.

Somewhere between :eek: and :facepalm:

Staggering shamelessness.

Quote:

Originally Posted by ZenGum (Post 761556)

Somewhere between :eek: and :facepalm:

Staggering shamelessness.

That's just a poor description, third hand, of the tip of the iceberg.

Quote:

Originally Posted by footfootfoot (Post 761477)

Especially, since politicians exempted themselves from the Do Not Call List laws.

rat bastards.

Quote:

Originally Posted by ZenGum (Post 761556)

Somewhere between :eek: and :facepalm:

Staggering shamelessness.

Quote:

Originally Posted by footfootfoot (Post 761587)

That's just a poor description, third hand, of the tip of the iceberg.

Here's the rest of the iceberg, first hand, friends.

....

Um, actually, there's a helluva lot more ice down here.. I may have misspoken.

Quote:

You may wish to consider the following materials when deciding whether to subscribe to the National Do Not Call Registry as an Exempt Organization:

The FTC Act at 15 U.S.C. §§ 41-58 and related case law.
The Communications Act at 47 U.S.C. §§ 151-757 and related case law.
The Telephone Consumer Protection Act (TCPA) at 47 USC §227 and related case law.
The Telemarketing and Consumer Fraud Abuse Prevention Act at 15 U.S.C. §§ 6101-6108 and related case law.
The Do Not Call Implementation Act at P.L.108-10, 117 Stat. 557, and related case law.
The Telemarketing Sales Rule at 16 C.F.R. § 310 and related Agency statements and case law.
The FCC's rules implementing the TCPA at 47 C.F.R. § 64.1200 and related Agency statements and case law.

NOTE: You may also want to review the requirements in those states in which you plan to do business and/or to which you plan to place calls. Many states prohibit calls to telephone numbers listed on the National Do Not Call Registry.

Google Hosted News
By EILEEN AJ CONNELLY,AP Personal Finance Writer

Chase drops debit card fee, BofA to adjust plans

Quote:

NEW YORK (AP) — Chase is joining the list of banks that won't be charging customers
to use their debit cards, as the backlash over Bank of America's planned $5 monthly fee continues.
<snip>
"People are literally walking into branches and cutting up their Bank of America cards,"
Kirk Kordeleski, CEO of Bethpage Federal Credit Union in Long Island, N.Y., said last week.
The backlash hasn't gone unnoticed by other banks..

Seriously, the main point of the legislation that makes this a story at all is that the fees have to be published, promoted at a much more visible level than before. That's why they "made a big deal" of it, they were following the law, not trying to win customers.

Others are learning from this and apparently NOT choosing to implement such a fee, and by extension, not having to make a big deal about announcing it.

Hee hee. I love it when 'unintended consequences' work out.

:D

Saturday, November 5th is the day...

Credit Union Times

For Bank Transfer Day, It’s All CU Hands on Deck

Quote:

Launched by Kristen Christian, a Los Angeles art gallery owner unhappy with her bank,
Nov. 5 has been dubbed Bank Transfer Day, when consumers act on their growing frustration
with big banks by switching to a community bank or credit union.
While many are uncertain how many people will actually change financial institutions,
credit unions have been making the most of the media blitz.
<snip>

How's that "Hopey Changey Thing" working out for you all? Any new jobs out there?