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Old 04-01-2009, 04:47 PM
minnie1928 minnie1928 is offline
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Here's the bank's perspective....it increases the number of debit card transactions which increases the amount of interchange revenue they earn. Moving your money from one account to another one of your accounts electronically costs them virtually nothing (outside of the original programming). They get good marketing material and increased revenue with very little effort/outlay on their part. The upside on the bank's part would be huge with very little downside.
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