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Wednesday, October 5, 2011

Bank Fees

Millions of Americans are about to get stabbed in the back by their banks.  Bank of America, JPMorgan Chase, Wells Fargo, Citibank and several other large banks are either already implementing outrageous new bank fees or are currently testing them.  So are these ridiculous new bank fees going to be enough to get millions of Americans to finally boycott the big banks?  When millions of Americans start paying a $5 fee every month to use their debit cards and when millions of Americans start paying a $20 fee every single month just to have a checking account hopefully that will be enough to wake them up.  These fees are certainly not going to cause an "economic collapse", but they are incredibly annoying.  The truth is that the big banks are trying to take advantage of us.  It shouldn't cost $60 a year just to use a debit card.  It shouldn't cost $240 a year just to have a checking account.  What we need to do is to send an unequivocal message to the big banks: we don't want your stinking bank fees and we are switching banks.

Read more at theeconomiccollapseblog.com
 

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