Bank of America experienced a serious backlash after it announced in September that it would begin charging a $5 monthly fee to its debit card users.
Now, the company has changed course, saying Tuesday that it would not move forward with implementing the fee program.
Bank of America drops debit card fee
Bank of America faces debit card fury
Sarah Halzack is The Washington Post's national retail reporter. She has previously covered the local job market and the business of talent and hiring. She has also served as a Web producer for business and economic news.