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Report: #1503927

Complaint Review: American banking system. - Manhattan New York

  • Submitted:
  • Updated:
  • Reported By: John — Pittsburgh United States
  • Author Confirmed What's this?
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  • American banking system. Manhattan, New York United States

American banking system. Chase- Capital One- and all banks across America Stealing our interest on our savings. Manhattan New York

*General Comment: The answer is simple

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The bank's should only be able to charge interest on your credit cards for what they give you for your savings account? The bank's today are only giving an average of 0.04% interest on your savings and they demand $15,000 more to open up an account? (This is pathetic). The bank should only be able to charge 0.04% interest on your credit cards until they start paying proper interest on your savings account like the banks used to before they started stealing everybody's money. The banks are broke that's why they don't give you any interest. Don't put anything in your savings account? pay off your credit cards where they're charging you 18% interest and when they only give you 0.04% interest on a savings account you have to be stupid to save money pay off your debt.....

14.6%   In the early 70s, the average savings ratestarted to spike, hitting a peak of 14.6% in May of 1975. The spike in personal savings ratesfrom 1973 to 1975 coincided with the deep recession that was ravaging the country over the same period of time.Mar 1, 2010 DaveManuel.com › 2010/03/01 › a-... A History of Personal Savings Rates in the United States - Dave Manuel

 

This report was posted on Ripoff Report on 01/15/2021 10:23 AM and is a permanent record located here: https://www.ripoffreport.com/report/american-banking-system/manhattan-new-york-chase-all-1503927. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 General Comment

The answer is simple

AUTHOR: John - (United States)

POSTED: Tuesday, July 13, 2021

 Put your cash in a coffee can and bury it in the yard. Don't use checks or credit cards. And learn how to spell the plural of "banks" (hint: there is no apostrophe "s.") When are you loons going to figure out that banks are a business IN business to MAKE MONEY? They aren't a public service provided with your tax dollars. Don't want to use a bank? Think it's too expensive? Then DON'T USE ONE. Simple. You know, like You.

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