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davis_squareEastern Bank sent me a letter telling me that "In order for us to be compliant with new federal regulations, you will no longer be able to use your ATM card ending in [...] to make purchases using your Personal Identification Number (PIN) at locations, such as supermarkets, gas stations, or other retail stores effective March 21, 2012."
The letter goes on to say that the bank is replacing my ATM card with a Debit MasterCard which will allow me to continue making such purchases. I can decline the offer by February 17 and keep my ATM card, but then I can no longer use it to make purchases after March 21.
Anyone know more about this? Has any other bank sent out similar letters?
The letter goes on to say that the bank is replacing my ATM card with a Debit MasterCard which will allow me to continue making such purchases. I can decline the offer by February 17 and keep my ATM card, but then I can no longer use it to make purchases after March 21.
Anyone know more about this? Has any other bank sent out similar letters?