New Bank of America Ad - $5 monthly fee for using debit card

[Eterna1snow]

Personally, I don't know why people are so mad. Its called the free market. If you don't like Bank of America, close your account...

Which evidentally is what a lot of people, myself included, have done.

[NotBofA]

Don't just roll over and take this America, join NotBofA.org and close your accounts! Sure it is a little bit of a pain in the a** now, but it sure beats being on the hook for another bailout later!

[nesterisagod1776]

Closed my account the moment I heard of this bs.

[MotorCityPlayer]

Keep your money in a shoebox..youre much better off. Its becoming much harder to cash a check these days

[m2diggs]

7 Bank of America employees disliked this video

[Tamayo1980]

LOL nice one mark see you got 6 sheeple form Bank Of America hating on ur video, keep up the good work :)

[LilMissRedList]

More of these redubs please.

[oldstyleliberal]

Blame Dodd-Frank.

[Tamayo1980]

@oldstyleliberal NOPE, its all American's Fault, we think because we are American we are special and NEVER worry about shit till it comes knocking @ our back doors and even them we just keep feeding the beast. If it were Dodd-Frank's fault, who's fault it is that those ppl that have an account with BOA have not closed it yet? Go ahead with the sheeple excuse: "Well! where you want those ppl to go? other banks are hard to get into and some even charge a higher fee" They are called CREDIT UNIONS

[oldstyleliberal]

@Tamayo1980 Of course the consumer is to blame as well. Hopefully BOA will become like Netflix when they tried a rate raise. For some people though, a BOA CDA may still fit their needs better. The increase in price though is due to the increase in the cost of doing business, or rather the decrease in other profitable activity, due to the Dodd Frank bill.

You have a good point though.

[Tamayo1980]

@oldstyleliberal well thanks, but not trying to make any good point its just actions are better than words. I closed my BOA account about 4years ago because they had ridiculous fees back then but their atm were TOP-OF-THE-LINE. I am vet now, but in boot camp we (recruits till we pass the crucible) got set up with crocked banks (FSNB) that stole or money at will because an no one cared about it, so i took the advice of my D.I's an before i graduated i switch to a credit union.

[clev9980]

B of A can you say CREDIT UNION...!!!!

[LynJenAm]

join a small community bank, it's our only hope.

[DarkenEU3]

hahahah. Thanks MD!

[askaboutRudyV]

Chase charges $10 a month. I just closed my Chase account. I closed my bank of America account a couple of years ago for the same reason.

[MsSimpleLife]

People if you don't fire your bank at least be smart and don't give them your money for using your debit card. There are retails and grocers all over the country that will give you money back for buying a candy bar, or a drink, or anything! At least, you get something for your money and you don't pay a fee!

[madjoe41]

6 employes of boa watched this video while at work.

[horizen12]

new credit union account here i come

[rolovolo]

@MarkDice

Mark,

Have you heard something about this regressive count?

It's in spanish, but it says basically that there is a hidden regressive count.

I tried it and it is really there on the illuminatiDOTorg website

This is the video:

watch?v=UZ_wY--yGcs

[raazstone]

CEOs, CFOs, and what not, probably needed to upgrade their private jets.

[TheCristo68]

BOA is already a dead bank walking . their online banking website as been down for most of the past 48 hrs due to folks running out .Stock price around $5.50 .It's only a matter of time .I hope they let them collapse this time and just use the FDIC's money to bail out depositer's instead .

[Lizity626]

Regions is also charging now for their checking. The LOWEST one is 12 bucks a month if you don't deposit over 1500 bucks in checks.

[jeff30458]

lol its not just bank of america. Wells Fargo is starting a pilot program to charge $3 a month in certain states of course including mine

[jshapple]

good! now lets make one for AT&T cause they're screwing us too

[rustybenelli]

The funny thing is,over the last three years the big banks have been giving themselves record bonuses year over year. The American taxpayer doesn't even receive a thank you.(more of a f you)

[nycojjohnson]

Well the fact of the matter is that the real culprit is the Dodd/Frank Banking Bill. So, you can thank government regulation written at the request of Home Depot and WalMart lobbiest. Government is the thief that is stealing your wealth. Read BastiatsThe Law.

[ryguy86]

@nycojjohnson you're right, that bill was just more regulation, and it was at the request of the big corps. so they could say money on transactional fees, but I like to think that something good came out of that crap: small business and merchants usually get gouged by those same crazy fees. Now they can only charge these merchants .12 cents for each transaction. Unfortunately, the banks feel it's their right to recoup that lost revenue...which is why you switch banks.

[beezy272]

Bank of America .. were fucked so we need your money LMAO!! BAIL US OUT AGAIN..

[TheZenzensen]

You should have included all the Banks that are just to big to fail - THUMBS UP!

[OwlstarrKrew]

Good work Mark. I'm going to spread this around like a virus!

[XistenceisFutile]

This is why I use local credit unions....big banks are crooks!!!

[pigeonpsycho]

4 people are gay

[dasUBootVII]

@bytePanther but by that time so many of us will be setting up barter systems and hording gold and silver bullion and printing local currency (depression scrip) just like they did in the 1930s that we can tell the banks to go pack sand.

[dasUBootVII]

Banking OFF America....

[DontTread0nMe1776]

I never understood why people used debit cards instead of credit cards, as long as you pay your credit card off in full at the end of every month you can actually save some money with them as most have some kind of cash back or gift cards. Also you do not have to save you receipts and rebalance your checking account after every purchase. And if you did get scammed and huge charges run up it would not wipe out your checking account while it was sorted out, Screw debit cards at any bank.

[johnbrown1968]

The banks have lent money to thousands of people knowing that they could never repay their debt. They used federal insurance to cover the interest and principal of the mortgages. The people lost their homes and their retirement savings due to devaluing our currency through printing money. The banks made billions with interest showing record profits. It’s time to pull all our savings out of the banks. The people are poking the bear.

Restore the Constitution, vote for Ron Paul in the primaries.

[Hokieman101]

ROFL Mark! Another genius parody by you. You totally roasted those crooks at Bank of America. Keep up the good work bro!

[dpla5762]

I'm closing my account. They just lost A LOT more money from me pulling my money out then they ever would of from the $5 fee.

[TheRetiredtrucker]

@dpla5762 Its going to be every bank that will be doin this though. The banks used to charge a fee to the stores to use debit, just like the credit card companies do. The Gov decided to cap the fees the banks could charge, so now their going to pass it down

[dpla5762]

@TheRetiredtrucker I know. I am planning on cash only. It will be far safer protected by my guns than as digital numbers that have been frozen for the the past 3 days on their website.

[UtubeAdminSucksAss]

LOL! I don't bank there....never will.

[DoYerBest]

So true, Mark! This "Durbin amendment" that BAC is using as the reason why they are charging everyone $5, is absurd, and surprisingly some people are actually buying it. I've actually been arguing with people for 2 days at a pretty popular utube channel about why the bank is unjustified in this new fee.

[duke1244]

take your money out of the bank.. you're better off just putting all your money in a brown paper bag lol..

[p4h10oso]

Paying off B of A tomorrow (over 20K) and am ripping it up. Fuck ya.

[dpla5762]

@p4h10oso Way to go!

[rolovolo]

3 dislikes, 3 sheeple who like to be screwd

[genounit3000]

i so glad im with the credit union. our tax money to bail these muthaphuckas out and now this shit. this is the b.o.h.i.c.a. treatment for the b of a users.

[MRBLACKPEARL04]

I took out all my money out and burned my credit card. I bailed myself out hahaha. Fuck the banks I don't owe them shit cuz they got bailed out already.

[Instrumentally]

Good one lol.

[jedichris8]

Everyone should boycott BoA, JP MORGAN CHASE and Citibank! They're most powerful controllers within the corrupt Federal Reserve system.

Move your accounts to other banks people. You have no idea how good it felt to close my BoA account and stick it to the scum elite.

[technicianfa]

Youtube is screwing my comments

[technicianfa]

HAHAHAHA Bank of America is the worst of all the scumbag banks....

[ADULTEDUCATION4U]

boa, just gave them self a self inflicted wound, bye, bye, boa, and good riddens..

[Robert697]

@ADULTEDUCATION4U

The USD is on its way out anyways. They're just trying to get as much cash to buy gold/silver before the collapse.

BTW, airlines didn't die when they started charging for all checked bags, in-flight entertainment, and now food.

But it would have been wiser if they would have started with a $2 charge, first.

[ucvessel]

credit unions are much better

[Instrumentally]

@ucvessel I agree I love the one i'm using.

[djbritt]

Truth!



[sublimetrance]

Honestly Bank of America is doing this as a reaction to GOVERNMENT instituting PRICE CONTROLS on the industry.

And I am NO fan of the banks!!!

I hate them and their stranglehold on us via the federal reserve system.

However this is a classic example of government intrusion into the economy and the the public blaming the market for it. Price Controls never work and we are just seeing the affects of the Frank-Dodd bill at work.

[jmmurdy]

Nice that was a good one!

[Tanarus20]

I'm switching over to a "Community Bank"

[VideoExpostulations]

@markdice - Thanks Mark, that was great!

[quailman2132]

hahahahahahaha this is great

[txjcarroll]

I remember when the debit card first came out;. It was suppose to save trees and money, that's why the banks passed them out for free. Now that they've made so many dependent on them, they want to profit. This is an easy fix my friends; cash and carry. Yeah, it's old school, but it's worth the hassle to stick it to the banks.

[Tanarus20]

@txjcarroll hell yea brotha!

[sparkolino26]

Wells Fargo was charging $7.00 to cash a check, this is lightwork. LOL

[wasy35]

I never understood why banks need money, shit they are BANKS they have all the money!

[XANZYX]

Nice going

[slhines7]

I heard today that this was all about some Chicago Politician's bill that got passed which limited and pegged fees petaining to debit card transactions.

[MrYonomequejo]

the president of bank of america needs a new g6 and more money to buy a new mega yacht

[sunnypop28]

@MrYonomequejo U MAD ?

[Wildrosestands]

BANK OF AMERICA, is not an American bank! I would never put a dime into any BANK OF AMERICA!

[SHEEPLEVISIONNETWORK]

just think about it sheepeople 5$ a month for everyone that banks with them do the math...how much is that ?

[cybersphere]

Those type of fees have been standard for some time in NZ and Australia. I guess the sheeple here have been screwed for so long, they no longer register it.

[dogbarker1981]

When fractional reserve lending scam does not work out due to bad economy .....take money from the people in order to cover it up.

[mva1985]

time to start writing checks again i guess

[Robert697]

@mva1985

In Colombia, each check costs about $2 USD. So a book of 40 checks is around $80 USD. People do most of their transactions with cash.

What they want is for us to become a cashless society. And once we become one, they can control us all at the push of a button.

[mva1985]

@Robert697 i currently bank with chase and they don't charge anything... yet

[rtardbox]

had $40,000 in bofa this morning. closed the account today. eff them... eff them right in there mother effin' anus

[EquipaPatriot]

@rtardbox I hope you don't have a Chase bank account, either. And that goes for both checking and credit accounts.

[rtardbox]

@EquipaPatriot usbank only now. sucks 'cause i had that bofa account for 15 years. screw them, thought. screw them hard

[dan32749]

I told my grandparents about this shit ,should be called the bank of the new world order or enslavement!!!!

[qwertymanor]

"Bank of America, we're screwing you." lol.