Latest bank fee is for paying off credit card on time every month:
"Starting next year, Bank of America will charge a small number of customers an annual fee, ranging from $29 to $99. The bank has characterized the fee as experimental. But card holders who have never carried a balance or paid late fees could be among those affected.
Citigroup, meanwhile, has started charging annual fees to card holders who don't put more than a specific amount on their cards, typically $2,400 a year. Other banks are charging inactivity fees if customers don't use their credit cards during a specific period of time. You heard that right: You could be spanked for staying out of debt."
What can you say about this one? The Fed collects taxes from us, gives the money to the banks so that they can stay in business. The banks take your tax money that they get for next to nothing and charge you 5%+ to borrow it for Mortgages, and 16-24% to borrow it on a Credit Card. Not being satisfied, they charge you fees if you don't use your Credit Card enough, and questionable overdraft fees on your own Debit card use. Then to top it all off they pay their executives outrageous bonus' for all this misuse of Your Tax Money.
I've been a capitalist all my life, but this is "beyond the pale".
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