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CardHub.com CEO Odysseas Papadimitriou on how banks are assisting consumers impacted by the hurricane with their banking needs.
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And in focus tonight.
Banking after the storm with hundreds of banks shut down an even more ATM's out of service countless folks are facing a cash shortage.
Struggling to buy even the bare necessities -- cash only vendors.
Card hub dot com CEO -- deadliest happened to me trio joins me now with more good to have you back on the show.
Still tell us what banks are doing right now because I'm getting emails from American Express and everybody else say they -- -- help me out by live in the storm region what are they really.
Off offering customers.
-- thank you so much for having me.
The they're -- -- as cute he thinks number one they're waving another -- late fees.
And Delphi and the with Don fees BP and end up using an 8 PM that is not give banks a BM -- -- waive those fees as well.
And then they're also doing a lot of things behind the scenes so our best advice is call your bank and ask them what they can do the -- Dawn jeopardize their security be and today -- then know that everyone is aware of this Jason.
And damned everything we weren't out at the end senate no reason to the stress how would be certainly done a payment are already looking through some -- So here's some of the banks that are waiting ATM fees for example JPMorgan through November 5 Wells Fargo.
Through November 3 cities doing -- -- a case by case basis I'm not sure how to make that decision.
-- -- Do you think the end of the day there are alternative places that people can get cash though as part of the problem is that some of these banks -- have.
They don't have electricity so you can't use your ATM card.
That's exactly right I think Germans and the best of leg -- you know 8 -- this article.
Internet sometimes these days I -- a lot of different probably communications.
And I think.
You know it would be and the best advice and -- -- and get gas in your hands on and on obviously.
I can have some friends their family that you can borrow his studio got around and -- to -- 8 PM and that you can go get your hands on and then calling.
I think I've been -- -- that they get from the other bank -- move on let's get to some of your tips which I think are very good you say don't risk safety for costs.
And that's go to the closest -- EM right.
And -- that doesn't say the end under hostile and send a payment to -- got company he had few if again a couple of days -- They would waive the late fees that we -- finance charges that you get as it is out.
So -- do anything.
That we -- -- safety just to get dumped on time payments are anything about starts.
Avoid short term -- right.
But I'd say that a lot of banks sent all our -- started their new -- schools.
People that -- -- that obviously payday loans.
Event that people can get their hands on but those unfortunately are very expensive.
And up our best advice with -- -- -- he's.
-- critic headlining goodies from your bank and other banks have doing that.
On your existing paid -- that Adam on getting one of these sort of member -- that are much more expensive on your credit card.
Our -- -- do these next two really quick don't rule out investments seek low cost options.
Let let let -- -- -- the CFR -- that was that a lot of banks have waived any withdrawal fees from.
Certificates of deposit accounts and that's just something that they love -- those mind doesn't go though.
-- and day it's an option that can be very kind of part a lot of big vote of accessing index seabees.
-- -- -- is thanks for coming on tonight we appreciate your time.
