Comment Re:Bank accounts for the poor (Score 4, Interesting) 753
The problem isn't banks, its US banks.
Here in Australia I recently opened a bank account including an attached VISA Debit card (lets me pay with VISA using my own money). When I did it, the bank didn't care about my financial circumstances or anything and I was able to open the account with a single dollar coin.
The only account fees I have paid since I opened this account was an overseas transaction fee when I bought something from overseas with the VISA and a fee (charged by the ATM operator) when I used an ATM not part of the RediATM network.
I pay NO monthly fees and NO transaction fees for using RediATM ATMs, EFTPOS, VISA in Australia, bPay or internet banking.
No reason why a bank has to make it hard for people to get a bank account or charge huge fees, they just choose to because they are greedy.