Snewf All American 63348 Posts user info edit post |
Effective May 4, 2012, a $7 monthly service fee will apply 4/17/2012 5:20:51 PM |
Lionheart I'm Eggscellent 12775 Posts user info edit post |
just for an account or something specific? 4/17/2012 5:22:23 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
Yeah, what is the service fee for? 4/17/2012 5:23:15 PM |
Snewf All American 63348 Posts user info edit post |
just for a checking account
unless you carry a minimum balance of $1500 or have >$500 in direct deposits a month
my company doesn't offer direct deposit 4/17/2012 5:23:27 PM |
xienze All American 7341 Posts user info edit post |
Surely you have some sort of credit union available to you. Why were you even using a bank in the first place? 4/17/2012 5:24:15 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
My bases are covered on both sides there, so I guess I will stay with them. 4/17/2012 5:24:58 PM |
Snewf All American 63348 Posts user info edit post |
because I lived in a big city
I will be moving to a credit union thus the goodbye
thanks for your valuable commentary 4/17/2012 5:25:20 PM |
justinh524 Sprots Talk Mod 27748 Posts user info edit post |
Poor people problems ITT. 4/17/2012 5:26:06 PM |
Lionheart I'm Eggscellent 12775 Posts user info edit post |
I'd be covered but I probably shouldn't keep that much in checking
not that I'd be getting crazy interest in my liquid assets in a money market or savings account 4/17/2012 5:26:18 PM |
Biofreak70 All American 33197 Posts user info edit post |
it's kinda funny- the people who meet their standards for no fee's are the ones that wouldn't need to worry about wasteful fees if they were applied- yet the ones that don't probably can't allow all that frivolous spending 4/17/2012 5:26:40 PM |
Snewf All American 63348 Posts user info edit post |
yeah they don't want us poor people banking with them 4/17/2012 5:27:25 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
I do disagree with this senseless fee though, even though it doesn't apply to me. I already have my savings account with a credit union, maybe this will finally push me to transfer over my checking as well. 4/17/2012 5:27:38 PM |
Snewf All American 63348 Posts user info edit post |
money grubbing 4/17/2012 5:28:19 PM |
State Oz All American 1897 Posts user info edit post |
I hope the entire fucking banking industry fails. Nationalize that shit and be done with it.
They should make the account managers and decision makers go with the law enforcement officers to evict people from their foreclosed homes. They should have to take their children and explain to them that "this is what daddy does, he takes people's homes away and then sells them for roughly 20% of what they owe, even though the majority of people could pay that 20%."
Fire bomb your local branches and let the mother fuckers burn. 4/17/2012 5:29:20 PM |
neodata686 All American 11577 Posts user info edit post |
BofA tried and didn't go through with it. I'm sure Wells will follow suit. 4/17/2012 5:30:20 PM |
Snewf All American 63348 Posts user info edit post |
this country sucks and it ain't Obama's fault 4/17/2012 5:30:21 PM |
dyne All American 7323 Posts user info edit post |
Quote : | "unless you carry a minimum balance of $1500" |
Quote : | "Poor people problems ITT." |
4/17/2012 5:30:48 PM |
CharlesHF All American 5543 Posts user info edit post |
Quote : | "the people who meet their standards for no fee's are the ones that wouldn't need to worry about wasteful fees if they were applied" |
I don't bank with Wells Fargo. I do meet both of their qualifications. Even so, I would be looking for another bank (preferably a credit union), even though the fee wouldn't affect me.4/17/2012 5:31:11 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
Wells Fargo is all like: "You thought Wachovia was bad, take this bitches" 4/17/2012 5:31:19 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
Quote : | "BofA tried and didn't go through with it. I'm sure Wells will follow suit." |
I thought BofA was ATM fees, but I may be mistaken. This new Wells fee seems like more of a hidden fee, so it could slip through.4/17/2012 5:32:40 PM |
CharlesHF All American 5543 Posts user info edit post |
Quote : | "I hope the entire fucking banking industry fails. Nationalize that shit and be done with it.
They should make the account managers and decision makers go with the law enforcement officers to evict people from their foreclosed homes. They should have to take their children and explain to them that "this is what daddy does, he takes people's homes away and then sells them for roughly 20% of what they owe, even though the majority of people could pay that 20%."
Fire bomb your local branches and let the mother fuckers burn." |
4/17/2012 5:33:08 PM |
neodata686 All American 11577 Posts user info edit post |
Quote : | "I thought BofA was ATM fees, but I may be mistaken. This new Wells fee seems like more of a hidden fee, so it could slip through." |
Checking account fee. They tried to implement it and didn't go through with it.4/17/2012 5:34:12 PM |
xienze All American 7341 Posts user info edit post |
Quote : | "I hope the entire fucking banking industry fails. Nationalize that shit and be done with it." |
Or... people should just take advantage of credit unions. Pretty much everyone is eligible for one somewhere. And even if you're far away from a branch most CUs allow you to use another CUs ATM for free, let you use their branch, etc.4/17/2012 5:34:29 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
^^ oh, I thought they were going to charge a fee even if you used a BofA ATM. Shows how little I pay attention to shit that doesn't concern me 4/17/2012 5:36:37 PM |
pilgrimshoes Suspended 63151 Posts user info edit post |
this is a checking account fee
i only got notified of it for my WF checking account, while i have 7 accounts with WF. 4/17/2012 5:38:18 PM |
Snewf All American 63348 Posts user info edit post |
well it is enough to drive me to close my account with them and take my money next pay period to a credit union 4/17/2012 5:39:25 PM |
dinoantncsu Collector of Gnomes 422 Posts user info edit post |
So is there a national bank out there that doesn't charge for checking. BofA says you need 1500 for basic checking, but if you do the e-banking, its free. Think I'm going to sign up! I currently use a Credit Union for most my money but when I need checks or access to money in a different state it's nice to have an option. No more wells fargo! 4/17/2012 5:39:58 PM |
uther Starting Lineup 78 Posts user info edit post |
I don't know why anyone who has the ability (relatives, military, employer) would NOT move to a credit union.
I'm a member of State Employees' Credit Union and USAA. Won't ever use a "large" bank again. 4/17/2012 5:40:25 PM |
MisterGreen All American 4328 Posts user info edit post |
credit unions are definitely the way to go
non-profit banking ftw 4/17/2012 5:40:41 PM |
Roflpack All American 1966 Posts user info edit post |
Did you guys know that Wachovia was now Wells Fargo across the Carolinas? 4/17/2012 5:42:07 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
I had free checking with Wachovia, but it appears that with the Wells Fargo merge that has gone away.
I will mention something that I think is odd and frustrating. I have my mortgage with Wells Fargo, but I can't pay it using my Wells Fargo checking account. They require that I pay it with a different account (meaning that I have to write my GF a check and she then writes a check from her BofA account). You would think it would be more cost effective for them to just transfer funds from 1 Wells account to another. 4/17/2012 5:42:54 PM |
pilgrimshoes Suspended 63151 Posts user info edit post |
i think you're doing it wrong.
[Edited on April 17, 2012 at 5:45 PM. Reason : confirmed, in that amount of time i figured out how to set that up. noob.] 4/17/2012 5:44:28 PM |
CharlesHF All American 5543 Posts user info edit post |
Quote : | "I will mention something that I think is odd and frustrating. I have my mortgage with Wells Fargo, but I can't pay it using my Wells Fargo checking account." |
WTF?!4/17/2012 5:44:41 PM |
pilgrimshoes Suspended 63151 Posts user info edit post |
dje's having a stroke. that takes 0.03 seconds to set up online. 4/17/2012 5:46:34 PM |
BigHitSunday Dick Danger 51059 Posts user info edit post |
BANKERS ON WALL STREET 4/17/2012 5:49:14 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
I am not trying to set up auto-draft. I don't do auto-draft for anything. But they will not allow me to pay using my Wells Fargo checking account without auto-draft, which seems really stupid.
reading comprehension for the win.
[Edited on April 17, 2012 at 5:52 PM. Reason : a] 4/17/2012 5:51:42 PM |
pilgrimshoes Suspended 63151 Posts user info edit post |
why would you not autodraft your mortgage?
other than the fact you're a gramps and probably keep a ledger still
(i wish they'd let me pay my mortgage on my CC with cashback rewards, then just autodraft the payment from my checking account to pay it off immediately, and make a few extra bucks. but i can see where that would cause a whole fucking slew of problems )
[Edited on April 17, 2012 at 5:54 PM. Reason : e] 4/17/2012 5:53:07 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
Because I like having control of when my bills are paid. I have 15 days to pay it before a late fee is assessed, and it is the largest bill I pay. If something comes up and I need the cash, I would rather stall the mortgage payment until my next paycheck.
It's not really hard to understand 4/17/2012 5:54:24 PM |
beatsunc All American 10740 Posts user info edit post |
i have a BOA mortgage, i want to set up auto draft but you can only do that if you have a BOA account. so i have to log on to their site for 28 times 12 more times. sucks 4/17/2012 5:54:27 PM |
CharlesHF All American 5543 Posts user info edit post |
Quote : | "why would you not autodraft your mortgage? " |
Some people don't like auto-draft, and I can't say I blame them. I don't like the idea of giving a company perpetual permission to take money out of my checking account.
I know someone who had their mortgage auto-drafted twice by accident one month. Suntrust said "Sorry, this will take up to 7 days for us to fix" (even though it was from suntrust checking to a suntrust mortgage). In the meanwhile, they were temporarily out almost $5,500 since that was their mortgage payment. 4/17/2012 5:55:32 PM |
pilgrimshoes Suspended 63151 Posts user info edit post |
gotcha. just never thought of that as a problem. 4/17/2012 5:55:40 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
It isn't really a problem because I typically have a minimum of $2k in my checking account at all times. But even so, I remember what it was like being broke. I just like having full control over my money, I guess it's kind of my thing. 4/17/2012 5:57:52 PM |
xienze All American 7341 Posts user info edit post |
Yeah autodraft is a bad idea. I've definitely had cases where a company did a double draft. 4/17/2012 5:58:41 PM |
pilgrimshoes Suspended 63151 Posts user info edit post |
i'd just straight up fucking forget if i didn't auto-draft.
i guess that's a bigger fear for me than getting hit twice.
[Edited on April 17, 2012 at 5:59 PM. Reason : i auto-draft everything.] 4/17/2012 5:59:33 PM |
djeternal Bee Hugger 62661 Posts user info edit post |
The only thing I allow to auto-draft is DirecTV, and that is because it saves me $10 a month and is such a small charge that I don't even notice it. A $900 charge hitting the day after a car accident could put me on the bus to work.
I'll be honest, I am a slow pay motherfucker. I typically don't pay any bills until they call me.
[Edited on April 17, 2012 at 6:02 PM. Reason : a] 4/17/2012 6:01:58 PM |
Meg All American 6759 Posts user info edit post |
I haven't gotten any notification of this and I don't see it on their website? WTF? Doesn't really apply to me, but I'd still like to have not found out through TWW. 4/17/2012 6:54:43 PM |
BubbleBobble :3 114232 Posts user info edit post |
^srsly
it won't really affect me either but it's still ridiculous 4/17/2012 6:56:16 PM |
dinoantncsu Collector of Gnomes 422 Posts user info edit post |
^^i know right, i checked their site and it shows it 4/17/2012 7:03:52 PM |
Meg All American 6759 Posts user info edit post |
What I meant was, I was looking for some kind of notification that this was a new fee either on the front page or through mail correspondence. I don't feel I should have to go digging to find out about a new fee.
Oh well.
[Edited on April 17, 2012 at 7:09 PM. Reason : ] 4/17/2012 7:04:42 PM |
MinkaGrl01
21814 Posts user info edit post |
Quote : | "djeternal Interent Alpha Male 58688 Posts user info edit post Wells Fargo is all like: "You thought Wachovia was bad, take this bitches"
4/17/2012 5:31:19 PM " |
Omg that's hilarious, I am so stealing that4/17/2012 7:22:26 PM |