Post Content

Posted by: 
Jayda Leder-Luis

Jayda bug

With all the outrage from consumers, Bank of America announced early last week that it would not be charging a $5 monthly debit card fee.  Despite this turn of events, I am still committed to being a cash-only consumer for the entire month. 

I experienced some minor setbacks in my usual routine because of the no-swipe rule.  On Tuesday, I went to get coffee with my coworker but only had $1, and, although there is an ATM next to the store, my coworker said “forget it” and paid for my coffee. 

A similar situation arose last night.  I didn’t have cash on me when I went to order food, so my boyfriend paid for it and I agreed to pay him back.  Racking up debts certainly was not something I wanted to be part of this ordeal, but at least it doesn’t come with interest like putting the charges on my credit card would have.

Stopping at the ATM held up my roommates when we were going out to watch the Pats’ game, and two of them even offered to pay me $5 to cover the would-have-been-fee if I would “just swipe already!” 

I felt that same way this morning when I tapped my Charlie Card at the train station, only to have the machine flash “NOT ENOUGH VALUE.”  There were already two people waiting at the ATM and I heard the train screech along while I was waiting to withdraw cash.  I was 20 minutes late to work, but my boss understood, given the circumstances.

I learned two lessons from this week: living a no-swipe life means 1) more frequent trips to or more substantial withdrawals from the ATM, and 2) I must always refill my T card before the morning commute.

 

Written By:


Jayda Leder-Luis is the Communications Coordinator at the Office of Consumer Affairs & Business Regulation.

Recent Posts

Survey Says: Lemon Law Compliance on the Rise posted on Dec 29

The Massachusetts Lemon Laws provide legal relief to consumers who are sold a new, used, or leased vehicle that has a significant defect to its safety or use. Under these laws, car dealerships are required to place a bright yellow Lemon Law sticker on each   …Continue Reading Survey Says: Lemon Law Compliance on the Rise

Everything you wanted to know about gift returns but thought it would be rude to ask posted on Dec 22

Purchasing or receiving an unwanted gift can be one of the most frustrating – and uncomfortable – things that can go wrong over the holidays. For this reason, most people prefer the reassurance when they purchase an item that they can return it if it   …Continue Reading Everything you wanted to know about gift returns but thought it would be rude to ask

All I Want for Christmas is Price Scanning Accuracy posted on Dec 19

The Massachusetts Item Pricing Law was written to ensure that food retailers remained consistent and accurate in how they charge consumers. Since its last update in 2013, the law has been extended to cover consumer-use price scanners and automated check out systems. The Division of   …Continue Reading All I Want for Christmas is Price Scanning Accuracy