American Morning

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October 14th, 2011
01:26 PM ET

New bill could make it easier to switch banks – Rep. Brad Miller and Molly Katchpole explain

A lot of people have been asking, when will the bank fees stop?

Many banks have been slowly raising debit card fees. Last week we spoke to Molly Katchpole who started an online petition calling for Bank of America to cancel its $5 a month debit card fee. But even after the petition, Bank of America says that it would be "premature" to cancel the debit card fees. So what are customers to do?

This morning on American Morning, Christine Romans talks to Molly Katchpole and North Carolina Representative Brad Miller about a new bill that could make it easier to switch banks without paying a fee.


Filed under: Bank of America
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