From the article- They also provide at least one way to tap the money at no charge, such as using a single free withdrawal to get all the cash at once from a bank teller. But the banks benefit from human nature, as people end up treating the cards like all the other plastic in their wallets.
The banks are counting on the sheeple to act like sheeple and rake in fees from their lack of smart money management (take out all the cash at once.)
I guess this is one more example of the old saying, 'If I don't make money off of stupid people I don't deserve to be rich'
I change with the times- but like silver coins found in your change I stay the same. ***************** The United States of America started out as the new Republic of Rome.
Will The United States of America end up as the New Imperial Rome?
I think this is less an issue of sheeple getting deservedly soaked versus arrogant banks doing everything they can to soak people. Remember the arrogance we've seen on public display ever since the bank handout, er, bailout began: Banks are more than happy to take the government's money and then flip the government and the American public off when they demand to know what's being done with the public's money. And I don't think we're going to see the end of that arrogance anytime soon.
Waito - someone getting unemployment bennies - *free money* - complains because they get charged a fee?
How exactly does an arrogant bank behave? Telling the SEC and FDIC to bugger off? Not giving loans to folks without a job? Wait - that's what got banks into trouble. When the Gov't finally nationalizes the banks, that's when arrogance will REALLY begin.
People are really gonna be rankled when they discover that the same unemployment bennies go onto Form 1040, courtesy of the IRS.
Jobless hit with bank fees on benefits
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Posted - 02/19/2009 : 19:43:54
