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7 days ago
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Ask HN: Why are banks charging so many fees for ac...
In 2023, JP Morgan Chase collected $1.1 Billion in overdraft fees
https://www.consumerfinance.gov/data-research/research-repor...
Lopsii
7 days ago
[–]
I saw this and i thought it was wild but trust me from the inside that is just pennies. I promise.
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krapp
7 days ago
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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.
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thfuran
7 days ago
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I'm sure it's a lot more than it costs them to collect the fees.
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