Bank of America is going to start charging a $5 dollar fee for BOFA users staring in 2012 to offset some costs that the trouble bank is going through. In this time retail market . most consumers are trying to cut costs where they can. And with the Bank of America debit fee, it will hurt some consumers who are trying to save as much as they can. Bank of America has been in the spot light lately, with some negative news. From some massive job layoffs coming soon, to cutting costs, Bank of America has been seen by many as a bank struggling.