On 9/30/2011 9:18 AM, Red Green wrote:
BoA heads up a cast of characters.
http://finance.yahoo.com/news/Bank-o...25092.html?x=0
Picture Summary: http://oi54.tinypic.com/vx1amv.jpg
Amusingly, you can now write a check and it's processed almost
immediately so the merchant's bad check costs are minimal. So maybe
checks will make a comeback.
Personally I'm amazed that anyone uses debit cards since credit cards
offer consumer protections not available on debit cards, and credit
cards have rewards programs, albeit not as good as in the past. Just got
word recently that the 2% Charles Schwab/FIA Visa is history and the
accounts were sold to BOA who wrecked the rewards program as expected.