Bank of America announced last week that it will soon start getting its customers a fee every month for using debit cards. Other banks are considering similar moves to be able to counter new federal laws that limit the fees banks may charge retailers for debit card transactions. In a recent AP-GFK poll, 66 percent of Americans surveyed said they would consider switching financial institutions in the light of such a shift. However, if not done carefully, a bank switch can present its own risks. Article resource:
How to painlessly switch banks
Successful switching
Here are seven steps that will get you changed to a new bank without any additional fees or problems.
1 - Pick a financial institution