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To: Chase Bank-Jamie Diamond

No Chase overdraft fees during coronavirus pandemic

No Chase overdraft fees during coronavirus pandemic

JPMorgan Chase must suspend charging any and all overdraft fees during the COVID-19 Pandemic.

Why is this important?

Our country and our communities are feeling the economic impact of the coronavirus in the most devastating ways. My family is feeling it as well. I recently overdrew my account due to extra expenses for preparing for my state's "stay at home" order and having just started a new job. Instead of providing relief during this time, Chase charged two overdraft fees for a total of sixty eight dollars.

In this time of unprecedented crisis, JP Morgan Chase bank must do their part to ease the financial strain of this pandemic for their customers. They were bailed out in 2008 and again will inevitably reap the reward of the two trillion dollar stimulus package which favors banks and large corporations.

The deep economic impact of the COVID-19 coronavirus is just beginning, and we cannot make middle-class and lower-class consumers bear the burden. Ten million people have filed for unemployment in the last two weeks, and we not even through the worst of this global pandemic, let alone the profound longterm economic impact.

There is no recourse for consumers, however, as they try to get through this economic turmoil and global pandemic and provide for their families. It's unacceptable that JPMorgan Chase continue to make money off the backs of those that are struggling to make their rent, pay their utilities, and purchase groceries for their loved ones.


Reasons for signing

  • Corporate Fat Cat banks - always kickin' ya while you're down, despite getting bailed out when times were ̶r̶o̶u̶g̶h̶ ̶ slightly less profitable.
  • The reason I signed is because I am the only person working in my house. My wife lost her job and I have 2 kids averaging 6 years old and 2 year old. My wife can’t work because my 6 year old is home schooled since school are closed . I just got charged $117.00 dollars witch I have no choice because I need to feed my family.
  • Because it's already hard enough paying bills and supporting family with nothing coming in. I have more than $200 in fees just from necessary bills that automatically comes out.. clearly this only happened because of the pandemic.

Updates

2020-04-06 22:28:41 -0400

10,000 signatures reached

2020-04-06 13:31:01 -0400

5,000 signatures reached

2020-04-02 17:57:55 -0400

1,000 signatures reached

2020-04-02 17:11:06 -0400

500 signatures reached

2020-03-27 18:09:04 -0400

100 signatures reached

2020-03-27 17:14:07 -0400

50 signatures reached

2020-03-27 17:06:11 -0400

25 signatures reached

2020-03-27 16:21:14 -0400

10 signatures reached