The Bank of America logo (Pic via blog.firstfoodbank.org) The Associated Press reports that Bank of America has completely back-peddled on its its plans to levy $5 debit card fees. The AP reports : The bank says in a statement that the decision to scrap the plan came after listening to customer feedback in recent weeks. The news comes after other major banks, including Chase and Wells Fargo, said last week that they were canceling tests of similar fees.