A call to end arbitrary bank fees sign now

We the people that have signed this petition want to see an end to the arbitrary service fees that banks impose on customers. Usage fees for Automated Telling Machines (ATMs), monthly fees to avoid ATM per usage costs, cheque cashing fees and fees to get a balance statement on your account are all examples of fees that are superfluous and in excess. These are basic services that should be offered by the banks.

Reasons given for charges;

There are cost associated with producing running and maintaining ATM's. We the people that have signed this petition refuse to believe that the costs associated with producing running and maintaining an ATM are greater than employing live people. ATMs are saving banks money because they do not have sick time, vacation days, benefits, and are very efficient. So why pass the cost off to the customer.

If a customer doesnt keep much money deposited at the bank, but demands a lot of expensive services -- such as actually speaking to a human being about transactions -- the bank loses money. We the people that have signed this petition refuse to believe that interest you pay an average customer has hurt your profit margin so much that you must charge these ridicoulous fees.

Very simply the concept that a bank is supposed to use to make money is that it borrows your money (when you make a deposit) and pays you interest on it. It then uses that money to lend to others and charges a higher interest on it and or invest it and make money for themselves. We will not confuse the matter with bonds, R.R.S.P.s and the matter. This is a very simple concept. We do not have cash register fees at resteraunts and grocerie stories. We do not pay extra fee for napkins and straws. Relevance? These are costs other industrys have that do not charge fees for. They are included in the price.

To re-iterate We the people that have signed this petition want to see an end to the arbitrary service fees that banks impose on customers. Usage fees for Automated Telling Machines (ATMs), monthly fees to avoid ATM per usage costs, cheque cashing fees and fees to get a balance statement on your account are all examples of fees that are superfluous and in excess. These are basic services that should be offered by the banks. If your profit margins are too small then learn to become better investors rather than passing the buck and cost on to the customer.

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Latest Signatures

  • 15 November 201550. Sobia A
    I support this petition
  • 07 November 201549. Tammy B
    I support this petition
  • 20 August 201548. Kylie Bryant
    I am sick of paying these fees!!!
  • 15 May 201547. Alan H
    I support this petition
  • 26 March 201546. John J
    See http://petitiononline.com/cofs1/petition.html
  • 04 January 201545. El A
    I support this petition
  • 02 July 201444. Ron J
    Congress needs to limit banking fees that are imposed upon the poor and the working class.
  • 02 June 201443. Kevin D
    bank fees suck
  • 09 February 201442. Vshawn Desj
    I support this petition
  • 25 November 201341. Joey D
    В
  • 23 February 201340. Scott H
    I support this petition
  • 04 January 201339. Ellis Horton
    Go Tom!
  • 07 August 201238. M Brannonp
    banks live off the blood sweat and tears of the poor. NO MORE FEES!!!
  • 11 June 201237. Dan A
    I support this petition
  • 19 February 201236. Donald Lc
    I support this petition
  • 11 November 201135. Ronald A
    I support this petition
  • 03 June 201134. A R
    I support this petition
  • 01 February 201133. Rhiannon T
    I support this petition
  • 10 December 201032. Russ G
    I support this petition
  • 29 November 201031. David M
    I support this petition
  • 03 June 201030. Mike M
    I support this petition
  • 26 April 201029. Joseph O
    I support this petition
  • 17 October 200928. Janet S
    I support this petition
  • 24 September 200927. Lisa B
    i heartily agree
  • 25 March 200926. Jason B
    I support this petition
  • 22 March 200925. Mike D
    I support this petition
  • 16 September 200824. Isaac N
    I support this petition

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Information

Gary ThompsonBy:
Business and CompaniesIn:
Petition target:
North American banking institutions

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