UPDATE 11/1/2011: Bank of America has announced it is scrapping this fee.
Slate.com is reporting that Bank of America is planning new debit card fees. The proposed fee would be $5/month(usd) for customers who use their debit card to buy stuff.
*DISCLAIMER: I am not a licensed financial adviser and I have never even actually balanced a checkbook. However, I still feel 91.37% confident in recommending that Bank of America customers are best served by immediately canceling their accounts with BoA.
Whether you are a Bank of America customer or not, please contact BoA CEO Brian T. Moynihan at email@example.com to help in some way to prevent these fees from spreading.