(mainly US, commerce) a document, usually negotiable, containing a signed promise to pay a stated sum of money to a specified person at a designated date or on demand Also called note, note of hand.
Before the amendment, retailers paid an average of 44 cents for a typical debit card transaction, then valued at roughly $38. The Durbin rules meant that for that typical $38 purchase, the maximum fee would be about 24 cents, 45% less than the average cost before the law took effect.
Like Bank of America and JPMorgan & Chase, Citibank charges $2 per withdrawal at a non-associated ATM. However, the fee is waived if you have a Citigold account package. The fee is also waived if you have a Student Account Package, which forgives all ATM fees while enrolled in a higher education program.