Chase Deletes Controversial Tweet Offering Advice On How To Save Money

0
242

Chase bank was slammed on Twitter Monday following a #MotivationalMonday tweet that offered suggestions on how those struggling could save money, such as make your coffee at home, eat food in the fridge and take a cab when you can.

It was written as a back-and-forth between a customer and their bank account but was quickly criticized as being tone-deaf and out-of-touch. Critics claimed the tweet was guilty of “poor-shaming.”

Three hours after the tweet was posted, it was removed.

Chase released a follow-up statement later Monday, writing, “Our #MondayMotivation is to get better at #MondayMotivation tweets. Thanks for the feedback Twitter world.” The bank did not immediately respond to an email from Fox News.

Among the bank’s most noteworthy critics was Massachusetts Democratic Sen. Elizabeth Warren, a frequent critic of banks.

Warren, who is running for the 2020 Democratic presidential nomination, pointed out that Chase’s parent company, JPMorgan Chase, received a $25 million taxpayer bailout during the 2008 financial crisis as many Americans “lost their jobs, homes and savings.”

“Rising costs + stagnant wages = 0 savings,” Warren wrote.

LEAVE A REPLY

Please enter your comment!
Please enter your name here