Verizon reverses on $2 service fee

The wireless provider had announced a fee for customers paying service bills online via a debit or credit card. The FCC threatened to investigate and the company reneged the "convenience fee" due to customer feedback.
Author:
Updated:
Original:

The wireless provider had announced a fee for customers paying service bills online via a debit or credit card. The FCC threatened to investigate and the company reneged the "convenience fee" due to customer feedback.

Next Up

Screen Shot 2021-06-12 at 7.50.02 AM

Former WCCO reporter Mary McGuire joins FOX 9

She'll be reporting in a freelance role with the FOX affiliate.

Matt Shoemaker

Matt Shoemaker removed from rotation, fits in with Twins bullpen

The right-hander allowed two ninth-inning runs in a 6-4 loss to Houston.

1200 W Broadway Ave, Minneapolis, Minnesota - May 2019

1 dead, 1 wounded in shooting outside funeral in Minneapolis

The funeral was for one of two people killed in the shooting outside a Minneapolis nightclub in May.

Screen Shot 2020-05-29 at 1.51.13 PM

Darnella Frazier awarded Pulitzer Prize special citation for George Floyd video

She was just 17 when she filmed George Floyd's murder at 38th and Chicago.

MN Food Truck Festival 3 jpg

MN Food Truck Festival returns with events in St. Paul, Anoka

Organizers promise 50-plus food trucks at each festival - including some newcomers.

Brian Mock body cam screengrab from charges - 2021.06.11

Charges: MN man bragged he 'beat the s**t' out of cops in Capitol riot

He was one of two suspects arrested in Minnesota and charged Friday.

Screen Shot 2021-04-01 at 3.30.32 PM

$23 a month for Bally Sports North? It could happen, per report

There is a way to circumnavigate the system already ... but it's kind of naughty.

Keisa Lange

4th suspect arrested in death of woman found along St. Cloud road; 3 others charged

Keisa Lange was found dead on the side of a quiet cul de sac from a gunshot.

Minnesota State Fair

It's official: Minnesota State Fair is on, with no COVID restrictions

Proof of vaccination won't be required, and face masks won't be mandatory.

ATV, all-terrain vehicle

Boy, 12, killed in ATV crash near Monticello

The boy was driving the ATV on private property.

Related

Wells Fargo drops debit card charge idea

Wells Fargo announced it is canceling a proposed monthly fee of $3 for debit card users. The bank, which controls 36% of Twin Cities banking transactions, made the decision after receiving negative customer feedback.

Minnesotans flock to credit unions in response to bank dissatisfaction

The Credit Union National Association says 10,200 Minnesotans have joined credit unions in the last month. Both Wells Fargo and U.S. Bank have taken criticism for their efforts to charge monthly debit card fees.

Verizon tops wireless competition in Twin Cities

Verizon Wireless remains the mobile phone provider to beat in the Twin Cities, according to data compiled by RootMetrics. The Pioneer Press reports the carrier is the overall leader when it comes to the best data and text service.

Senator asks why Wells Fargo is testing new fee while making record profits

Illinois Democrat Richard Durbin has sent a letter to the CEO of Wells Fargo asking why the bank is charging customers in some states $3 a month to use their debit cards.

New fees have TCF bleeding customers, money

TCF Bank reports a first quarter loss of more than $280 million. More and larger fees are actually producing less money by driving away customers. The bank is still sizing up how many customers it's lost and which fees sent them packing. CEO Bill Cooper promises new solutions to reverse the trend.

U.S. Bank latest bank to raise overdraft fees

U.S. Bank is bumping up overdraft fees for all its accounts beginning June 29, the Minneapolis-based bank confirmed Wednesday. The bank's new $35 overdraft fee brings it in line with the country's biggest financial institutions, including Bank of America, Huffington Post reports. Bank officials note that the 15 million-customer bank is eliminating one other fee and lowering yet another.

Twin Cities ATM fees lowest in US

Banks charge an average of about $2.20 in the Twin Cities to people who pull cash from an automated teller machine that is outside their own bank's network. That compares to the nationwide high in Denver of $2.80, MPR reports. Customers often get hit with yet another fee, charged by their own bank for using an out-of-network ATM. That average charge of $1.58 in the Twin Cities is about mid-way between the nationwide high and low for that fee.

Verizon expands its high-speed data service in Minnesota

Verizon Wireless is expanding its 4G LTE coverage in parts of north-central Minnesota -- including Alexandria, Brainerd, Fergus Falls and St. Cloud, the Pioneer Press reports. Once the service expansion is complete later this month, the wireless provider will offer continuous coverage of its high-speed mobile-data service along I-94 in Minnesota.