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The banking industry put up a fierce fight against the bill that was introduced which basically forced them to cut out their debit card rewards programs, which put a cap of a maximum of twelve cents on the per-transaction fees they can place on debit card swipes. This is a major win for retailers [...] So, it’s official. Our household, who vigorously and vigilants uses debit cards a lot, no longer has any of the former perks they once offered. All those former debit card reward programs are pretty much a thing of the past. My husband officially got his “severence” letter in the mail yesterday, stating that [...] |
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