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Released: January 17, 2012

AT&T: ‘measured’ phone rate up; Wells: money transfer fees coming

Source: David Lazarus, L.A.Times (Free Registration)

With bills for pretty much everything steadily rising, some people try to keep a lid on monthly costs by opting for “measured” phone service.  What that means is they’re charged a fixed rate for a limited number of local calls, plus a per-minute rate for any additional calls. If you don’t use your phone a lot, it can be a really good deal.

Too good, apparently. Or so the bean counters at AT&T seem to have concluded.  Beginning March 1, the company’s base rate for measured phone service will jump $3 a month to $15.37 from $12.37 — a nearly 25% increase. The charge for additional local calls will be 3 cents per minute.

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Speaking of rate hikes, Wells Fargo customers are being notified about changes to the bank’s online services.

Among other things, they’re being told that a fee may be tacked onto person-to-person money transfers made online or via a mobile device — such as for a parent who transfers a little cash to junior’s account while he’s at college. Such transactions are now free.

Read Full Article: AT&T: ‘measured’ phone rate up; Wells: money transfer fees coming