Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

JPMorgan Said to Drop Plan for Monthly Debit-Card Fee After Test

JPMorgan Said to Drop Plan for Monthly Debit-Card Fee
JPMorgan Chase & Co. signage is displayed at a bank branch in New York. Photographer: Robert Caplin/Bloomberg

Nov. 1 (Bloomberg) -- JPMorgan Chase & Co., the biggest U.S. bank, decided against charging a monthly fee for debit-card use, according to a person with knowledge of the matter.

The bank was testing a $3 fee in Georgia and northern Wisconsin, according to the person, who asked for anonymity because the bank’s decision hasn’t been made public yet. The New York-based company has also halted a $15 fee for basic checking that was being tested in Georgia, the person said.

Kristin Lemkau, a spokeswoman for the bank, didn’t immediately return e-mails and a call seeking comment.

Link to Company News:{C US <Equity> CN <GO>} Link to Company News:{JPM US <Equity> CN <GO>} Link to Company News:{STI US <Equity> CN <GO>} Link to Company News:{WFC US <Equity> CN <GO>} Link to Company News:{BAC US <Equity> CN <GO>}

To contact the reporter on this story: Dawn Kopecki in New York at

To contact the editor responsible for this story: Rick Green at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.