The previous Durbin Amendment: Critics argue that while intended to lower costs for merchants, some retailers do not pass these savings to consumers due to increased fees elsewhere.
The amendment has led some banks to remove free services and add new fees to recover lost revenue from reduced debit card interchange fees.
There is ongoing debate about the amendment's impact, with some calling for its repeal, particularly among small retailers and community banks.
2025-10-12 16:25:15
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Ash Guin :
I have savings🙃
2025-10-08 19:53:37
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my.nutz.on.ur.chin :
Time to pull your money out the banks before it’s too late. Can’t trust the government
2025-10-08 07:00:29
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andrew_and_i :
What savings
2025-10-08 13:20:08
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Marja Fresia :
Some have dubbed the bill the "Credit Card Cancellation Act" due to concerns over the potential loss of rewards.
2025-10-12 16:21:49
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S&P :
I have keep 5k in my business account otherwise I have to pay 15$ . Those who have direct deposit have a free checking account .
2025-10-07 19:24:16
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frank_with_syl :
🔥🔥🔥
2025-10-07 13:21:22
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