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Thursday, January 3, 2013 - 11:25 AM

The WORST Banking Experience

Wells Fargo Bank (1 stars)
Wells Fargo - where to begin? They changed, without my permission, one kind of checking I'd had for years that only required a minimum of $1000 balance, to another kind when I opened a 30K money market, and they linked my checking to my 30k money market. When I found out about this, I asked them why? They sis sit was so that my checking could be free. I alraedy had free checking, because I always had more than the required minimum, so that made NO sense. I talked to the bank manager, and after much hassle,I was able to get my checking back to the original that only required $1000 minimum, but when I asked for my checking to be unlinked from my money market, I was asked, "Why would you want to do that?" I replied, " why wouldn't I?" The answer - get ready:"to avoid banking charges!". Wait, if I keeps minimum in my checking, doesn't that take care of no banking charges? What kind of double talk was that? Then the rep. said something about " pricing structures" that was gobbledygook. I will be withdrawing all my money from Wells Fargo today. I need an honest bank that looks after my interests better. I gave one star because that's the minimum to write a review. I would not have given any stars if that we're possible.
3
mmmm1 posts since
Jan 3, 2013
Rep Points: 3
1. Thursday, January 3, 2013 - 3:41 PM
I would recommend that you read up on the WF account you opened (MM) and note the requirements and the options. Apparently you opened a MM savings account and the rep optioned you to your checking account to "prevent overdraft fees on your checking account. I just read the account data and you meet the no fee requirement with the amt. you are putting in. It is your option to tie it to your checking not theirs. Another visit with this info in hand should settle things out.
1
klinkklink73 posts since
Dec 8, 2012
Rep Points: 189
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