Hacker News new | past | comments | ask | show | jobs | submit login

In 2023, JP Morgan Chase collected $1.1 Billion in overdraft fees

https://www.consumerfinance.gov/data-research/research-repor...






I saw this and i thought it was wild but trust me from the inside that is just pennies. I promise.

Given a choice between having a billion dollars and not having a billion dollars, they're still going to choose to have a billion dollars.

I'm sure it's a lot more than it costs them to collect the fees.



Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: