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View Diary: Bank of America CEO: We have a 'right to make a profit' (285 comments)

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  •  Unemployment Benefits (12+ / 0-)

    in CA don't come in the mail by check anymore. They are credited to a BofA debit card.

    Link

    The Middle Class is Too Big to Fail

    by Hkpa on Thu Oct 06, 2011 at 12:07:11 PM PDT

    •  In Oregon (7+ / 0-)

      You can supply your CU information and have direct deposit to your account.  I used to work for BofA - I am not about to let them screw me out of another cent.

      My CU holds my UI - and G-d willing one day paycheques again.

      And we sail and we sail and we never see land, just the rum in the bottle and a pipe in my hand...

      by Mortifyd on Thu Oct 06, 2011 at 12:32:17 PM PDT

      [ Parent ]

    •  Same in CT (2+ / 0-)
      Recommended by:
      kurt, StrayCat

      except it's a Chase card rather than BofA. Huge frakkin' ATM fees to get your own money.

      Al Qeada is a faith-based initiative.

      by drewfromct on Thu Oct 06, 2011 at 12:51:57 PM PDT

      [ Parent ]

      •  Shouldn't the states refund any fees one (6+ / 0-)

        incurs in trying to collect unemployment? Better yet, shouldn't states be cutting a deal with issuers that all fees associated with unemployment debit cards be waived? I know, rhetorical question. Just because it might be easier - and even more economical - for states to issue unemployment benefits via a debit card, I don't recall them charging recipients for the cost of the checks, envelopes and stamps when they used to mail them out. So I don't see why any costs of delivering benefits via debit cards should fall on the recipients. Sorry this is a little OT, but this just boggles my mind.

        A society grows great when old men plant trees in whose shade they know they shall never sit. - Greek proverb

        by marleycat on Thu Oct 06, 2011 at 01:33:00 PM PDT

        [ Parent ]

        •  Agree, and one step further: (1+ / 0-)
          Recommended by:
          marleycat

          When you use those UI debit cards at merchants (like me), they collect a fee from us as well. I can't even figure out what that rate is, because the processor's statement and terms are intentionally difficult to decipher.  

          Every card has a different fee and it's impossible to tell one from the next by looking at the card. I wouldn't put it past the banks to charge a higher merchant fee for UI debit cards, like they do for other tiers, such as miles/points/international, etc., especially with so many people recieving their UI on debit cards.

          I'd love to bill them back for merchant fees.

    •  Here in Arizona, (2+ / 0-)
      Recommended by:
      StrayCat, VictorLaszlo

      it's a Chase debit card.

      The way to combat noxious ideas is with other ideas. The way to combat falsehoods is with truth. - William O. Douglas

      by PSzymeczek on Thu Oct 06, 2011 at 01:22:22 PM PDT

      [ Parent ]

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