How banks earn

Reader comment on: Citibank Raises Check Reorder Fees

Submitted by Marsha Enright (United States), Mar 15, 2011 18:06

Another problem for the banks is that they're not earning very much on the float, that is on interest they can earn as they hold your money before it arrives at another bank when you pay for something. Interest rates are too low - so they think up these other charges.

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Title By Date
Capitalism
[w/response] [64 words]		Jerry SkurnikMar 16, 2011 08:27
⇒ How banks earn [51 words]Marsha EnrightMar 15, 2011 18:06
Dodd-Frank Reform [64 words]James WaltersMar 15, 2011 12:10
You can also get checks thru Wal-Mart.
[w/response] [33 words]		LyleMar 15, 2011 08:01
Interesting ad by coincidence [80 words]LyleMar 15, 2011 07:57
Fees being added at BofA as well [54 words]John DiSMar 14, 2011 21:37

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