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Vtskier1

Joined: 01/01/2005 Posts: 7076
Likes: 3438


The worst part is State laws require them to escheat the penny to you if


you go through the period without using the account. That costs them money. Sunrise bank should be calling AT&T and cursing them for your debit account.

They have more than likely the following expenses:
- Cost of an account on file
- mailing of the card
- envelope & collateral expenses (stuff mailed with the card like disclosure for regulatory purposes)
- plastics and embossing expenses
- monthly expenses should you not turn off your paper statement (hopefully they default to an online, but hey we're talking crazy/stupid at this stage)
- system, personnel, overhead, etc...

(In response to this post by Late 80s Hokie)

Posted: 05/02/2021 at 10:27AM



+2

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