To: Bank of America, Wells Fargo, JPMorgan Chase and the other big banks
Sign the petition: Tell big banks to stop charging ATM fees to welfare recipients
Welfare-to-work recipients must feed their families on only $510 per month, but every year the big banks take more than $19 million from them in the form of ATM fees.
Please follow the example of Citibank, and stop charging ATM fees on state-issued EBT (electronic benefit transfer) cards.
Please follow the example of Citibank, and stop charging ATM fees on state-issued EBT (electronic benefit transfer) cards.
Why is this important?
In California—as in many other states—most recipients of the state’s welfare-to-work program receive their monthly checks through an EBT (electronic benefit transfer) card.
But each time they use these cards to get cash, the banks charge them an ATM fee.
A recent study found that big banks took more than $19 million out of the pockets of poor Californians in 2012. The average Calworks family lives on about $510 per month.
Citibank has agreed to waive ATM fees for welfare-to-work recipients who use EBT cards, but the other big banks continue to take money away from low-income families.
Sign the petition to Bank of America, Wells Fargo, JPMorgan Chase and the other big banks: Stop ripping off state funds and low-income people with your ATM fees.
But each time they use these cards to get cash, the banks charge them an ATM fee.
A recent study found that big banks took more than $19 million out of the pockets of poor Californians in 2012. The average Calworks family lives on about $510 per month.
Citibank has agreed to waive ATM fees for welfare-to-work recipients who use EBT cards, but the other big banks continue to take money away from low-income families.
Sign the petition to Bank of America, Wells Fargo, JPMorgan Chase and the other big banks: Stop ripping off state funds and low-income people with your ATM fees.