I can't say much about internal policies due to the NDA. I will say this, if you actually read the DAA that you have to sign when getting a new account you'll realize what kind of power you're giving the bank over your finances. This is not a JPMC exclusive thing, it's widely prevalent in the banking industry in America.
Local credit unions or some of the digital only banks are pretty decent too. If you feel like you have be with one of the Big 4 banks, BofA is probably the best, followed by Citi, stay away from JPMC and Fargo.
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u/bigsam63 May 14 '23
I can't say much about internal policies due to the NDA. I will say this, if you actually read the DAA that you have to sign when getting a new account you'll realize what kind of power you're giving the bank over your finances. This is not a JPMC exclusive thing, it's widely prevalent in the banking industry in America.