An odd business decision. I mean, you can withdraw cash at casino ATMs in Vegas, I know because I've (unfortunately) done it. You can use credit cards for addictive stuff like 976 numbers too. Or to buy liquor. Or whatever else.
So, it makes one think they are being influenced from outside or above (if you consider the Fed to be 'above').
I remember as an irresponsible college student getting checks for $6000 at the beginning of each semester too....and banks setting up stands on campus handing out credit cards to students (who clearly couldn't have had real jobs) like so much candy.
Banks have long promoted irresponsible behavior, and clearly must profit off it. I mean come on.
>ou can withdraw cash at casino ATMs in Vegas, I know because I've (unfortunately) done it
Consider a bank that refunds ATM fees. I've withdrawn at casinos with boggling ATM fees ranging from 5.00 to 8.75 (!!). My bank has always refunded these charges.
There are several online only banks that have found it's cheaper to refund ATM fees than to maintain a branch network... Charles Schwab has been good for me so far.
So, it makes one think they are being influenced from outside or above (if you consider the Fed to be 'above').
I remember as an irresponsible college student getting checks for $6000 at the beginning of each semester too....and banks setting up stands on campus handing out credit cards to students (who clearly couldn't have had real jobs) like so much candy.
Banks have long promoted irresponsible behavior, and clearly must profit off it. I mean come on.