Kiss our Card Rewards Goodbye

So with the recent Dodd Frank Bill regarding interchange and credit cards, a recent 2011 bank survey conducted by the American Bankers Association (ABA) showed that 81% of banks are interested in the proposal to cut debit card reward programs tied with their interest in increasing current checking account maintenance fees. At the end of the day banks are looking at interesting ways to recapture the lost fee income during the past regulations passed.