Earning 5.25% on customers' money apparently isn't enough to cover their costs?
Have you met the typical consumer? Half of them cant cover a couple hundred dollar surprise expense. They're high maintenance clients, keep less in the bank than a nice dinner out, and demand costly ATMs all over the place.
I agree. That's why employers should be required to pay in cash if the employee prefers it.
Maybe Chase can offer a checking account with required advertising? They are already selling their customers' data to advertisers. They should just go full nosebook.
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