When Banks Have You, They Have You - Deepstash
When Banks Have You, They Have You

When Banks Have You, They Have You

  • Banking fees are associated with access to the payments system and all of the products and services that come along with that.
  • Some people in the banking industry say that measures such as overdraft fees are meant to deter customers from overspending.
  • In the past, banks have used overdraft protections (and fees) in their marketing to try to entice customers.
  • These are businesses, not governments, and it's not clear that banks should be in the business of trying to police behaviours through fees.
  • Overdraft fees are almost pure profit.


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