Regions Financial, SunTrust nix debit card fees

October 31, 2011|Eileen Aj Connelly, AP Personal Finance Writer

Consumer fury has felled the monthly debit card usage fee.

Regions Financial Corp. and SunTrust Banks Inc. followed their big bank rivals on Monday by doing away with monthly fees for using debit cards.

Regions, based in Birmingham, Ala., had started charging $4 per month in October. Atlanta-based SunTrust began charging new customers $5 per month in June.

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