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Chase tried to motivate customers with lower bank balances. It backfired badly.
Yahoo ^ | May 1, 2019

Posted on 05/01/2019 1:06:56 AM PDT by NorseViking

Twitter followers of Chase bank had plenty of #MondayMotivation, but it wasn't to save money.

On Monday, Chase attempted to motivate its users on Twitter with a message aimed at those customers carrying low balances on their accounts.

It started with a hypothetical conversation between a customer and their bank account, with the customer wondering why their balance was so low.

The bank account "responded" with several tips, such as "make coffee at home," "eat the food that's already in the fridge," and "you don't need a cab, it's only three blocks."

(Excerpt) Read more at yahoo.com ...


TOPICS: Business/Economy; Society
KEYWORDS: chase
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1 posted on 05/01/2019 1:06:56 AM PDT by NorseViking
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To: NorseViking
"make coffee at home," "eat the food that's already in the fridge," and "you don't need a cab, it's only three blocks."

No shit. That's how my parents raised me, because that's how their parents raised them. My grandparents lived through the Recession and raised several children in it. And they didn't need some money-grubbing pinhead to tell them how to do it. God Almighty, I'd like to take a baseball bat to everyone under the age of 35 and beat sense into them.

2 posted on 05/01/2019 1:18:51 AM PDT by Viking2002
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To: Viking2002

All reasonable suggestions. The outrage is just ridiculous.


3 posted on 05/01/2019 1:28:11 AM PDT by NorseViking
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To: NorseViking

Ever notice how some people leave quarters, dimes and nickles in the penny dish at the gas station or other convenience stores? I don’t think it’s the person running the cash register doing that.


4 posted on 05/01/2019 1:35:46 AM PDT by equaviator (There's nothing like the universe to bring you down to earth.)
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To: equaviator

Yet, they are poor and it is a bank’s fault. LOL.


5 posted on 05/01/2019 1:37:59 AM PDT by NorseViking
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To: NorseViking

Already do those things which is why I have a comfortable bank balance. But as long as we are talking about responsible behavior, maybe the execs at Chase shouldn”t be giving out liar’s loans on inflated real estate then demanding bailouts from taxpayers to cover their losses, all the while collecting million dollar bonuses for their executive’s irresponsible actions. They sure got a lot of nerve.


6 posted on 05/01/2019 1:44:09 AM PDT by jimwatx
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To: jimwatx

I might be wrong but I heard Chase was among the least guilty and only took bailout because the government told them to.


7 posted on 05/01/2019 1:48:58 AM PDT by NorseViking
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To: NorseViking

Chase once held the mortgage note on a home I lived in. I was unemployed and applied for help. I faxed, mailed, and fedexed multiple packets applying for help. I even had a certified signed receipt that Chase received my application. Lo and behold after Chase approved my modification loan, Chase decided to start the legal process of eviction for non payment. This was during the time when there was tremendous fraud by lenders. We filed a complaint in Court, and won a huge settlement from Chase and voluntarily surrendered our home.

Chase sucks!


8 posted on 05/01/2019 1:55:42 AM PDT by marajade (Skywalker)
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To: NorseViking
All reasonable suggestions. The outrage is just ridiculous.

Yes, ridiculous. The suggestions are good.

9 posted on 05/01/2019 1:56:08 AM PDT by Mark17 (What, exactly, was the "only evil continually," that was going on in the days of Noah?)
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To: NorseViking

That could be, not sure offhand what the specifics were with Chase in reguards to that fiasco.


10 posted on 05/01/2019 2:09:48 AM PDT by jimwatx
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To: marajade

You got a good settlement so it worked well for you.


11 posted on 05/01/2019 2:11:15 AM PDT by NorseViking
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To: NorseViking

More weaponized victimhood.

JoMa


12 posted on 05/01/2019 2:32:11 AM PDT by joma89
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To: NorseViking

About twenty years ago, I sent my wife off to a year-long program of financial seminars (hefty price for these once-a-month Saturday-all-day ‘talks’). There were dozens of things they covered, but one of the key things harped upon was a monthly budget, living within your means, and squeezing extra out of your income.

Today, we are completely debt free. I retired at age 55. The wife is as stingy as one can be with grocery purchases (nothing is bought unless on sale), and dozens of household rules control the flow of money. Chase is correct, and it requires motivation to go after hundreds of bad habits.


13 posted on 05/01/2019 2:32:56 AM PDT by pepsionice
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To: pepsionice

You did it wisely although many would call you a loser who can’t enjoy life. You will be last to laugh though.


14 posted on 05/01/2019 3:10:25 AM PDT by NorseViking
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To: equaviator
"...quarters, dimes and nickles..."

Not me. I save them all and roll 'em up for ammo purchases.

15 posted on 05/01/2019 4:08:49 AM PDT by Psalm 73 ("I will now proceed to entangle the entire area".)
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To: NorseViking

A biggie for people for whom their suggestions matter—don’t bank with Chase!

Big monthly fees. Go to a cheaper/free bank.


16 posted on 05/01/2019 4:17:51 AM PDT by 9YearLurker
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To: 9YearLurker

We have a piggy bank jug. From time to time we get in it for taxes, appliances and such. We are always amazed how much we have stuck in that thing.


17 posted on 05/01/2019 5:10:24 AM PDT by healy61
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To: healy61

No monthly fees for a jug!


18 posted on 05/01/2019 5:17:23 AM PDT by 9YearLurker
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To: Viking2002
"make coffee at home," "eat the food that's already in the fridge," and "you don't need a cab, it's only three blocks."


19 posted on 05/01/2019 5:23:22 AM PDT by COBOL2Java (AOC: The brain of a tea bisquit)
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To: NorseViking

Why is this a bad thing?

Keep the customers willing to change to have a higher balance

AND

drive away the stupid people who won’t change and cost you money...……………………..


20 posted on 05/01/2019 5:25:55 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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