Score one for the little guy vs. Bank of America- at least until they come up with other fees. BofA has announced it will not be implementing the $5.00 per month fee for customers who use their debit cards. They had planned to start charging the fee in January 2012.
Other large banks have followed suit. Wells Fargo has been testing a monthly debit card fee in Georgia as well as a few other states. They announced this fee would be dropped. RegionsBank which has many Georgia branches has also terminated the debit card fee.
Enjoy it while you can.