Another Bank Nixes Debit Card Fee

Bank of America Corp. is nixing its plans to charge a $5 monthly debit card fee. The bank said today that the decision to scrap the plan came after listening to customer feedback in recent weeks. The news comes after other major banks, including JPMorgan Chase & Co. and Wells Fargo & Co., said last week that they were canceling tests of similar debit card fees/ Associated Press . More here.

Question: Wise move?