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To: blueunicorn6

What is shocking to me is that the guy with the $1 million dollar balance paid a $1.99 ATM fee.


15 posted on 04/29/2013 10:36:24 AM PDT by Truth is a Weapon (Truth, it hurts so good.)
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To: Truth is a Weapon
What is shocking to me is that the guy with the $1 million dollar balance paid a $1.99 ATM fee.

Exactly. That is the real scandal here. You put a million dollars in a bank and they pay you a pittance in interest and then they rub salt in the wound by charging you a fee to transfer money from your savings to your checking account (which costs them nothing).

As for the other receipt, B.F.D. When I was in college a long, long time ago, I can't tell you how many times I got an ATM receipt that told me they couldn't process my request for insufficient funds. The bank is simply letting you know the reason why they can't process your request (as opposed to, say, the ATM being unable to distribute cash).

That Business Insider uses this as an opportunity to comment on social inequality just goes to show that even a "business" publication can demagogue on class warfare just like any anti-business publication.

31 posted on 04/29/2013 10:55:16 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Truth is a Weapon
...paid a $1.99 ATM fee.

I saw that. I don't take cash from my bank's ATM machine very often, but I don't think I pay a fee when I do. At my own bank!

34 posted on 04/29/2013 11:00:14 AM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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