Banks Extend Waivers for Sandy Victims
Some of the nation’s biggest banks have extended temporary waivers through Wednesday, November 7 on a variety of fees and late charges for residents of states hit hard by Superstorm Sandy.
The banks waiving fees include JP Morgan Chase, Citigroup, Wells Fargo and Bank of America.
The extension applies to customers affected by Sandy and living in Connecticut, Delaware, Maryland, New Hampshire, New Jersey, New York, Massachusetts, Pennsylvania, Rhode Island, Virginia and the District of Columbia.
The waivers cover business overdraft protection, returned item and insufficient funds fees, early CD withdrawal, and late fees on credit cards, business loans, and consumer loans. Credit card cash advance fees may also be waived on some cards.
Chase customers may be able to get a 90-day moratorium on making mortgage payments.