The $5 debit card fee BofA (BAC -2.1%) plans to charge customers shouldn't draw their ire,...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

The $5 debit card fee BofA (BAC -2.1%) plans to charge customers shouldn't draw their ire, argues The Atlantic's Daniel Indiviglio, as Congress is the one "gouging" American consumers. The new rule limiting the debit card fees banks can charge retailers should be revenue-neutral to consumers, but instead retailers are pocketing the difference (for now) and leaving banks looking like the bad guys.