topic Re: Can I complain about Wells Fargo for a minute? in Credit Cards

Can I complain about Wells Fargo for a minute?

DHsCredit — Mon, 03 Oct 2011 21:07:50 GMT

I am so irritated with Wells Fargo. DH has had a visa card with WF for 3.5 years now with a $1,500 limit. DH has NO debt, except that we just got a mortgage (that hasn't hit the credit report yet), and his scores are ALL above 800 (pulled by morgage company) with no negatives. DH has one other Visa card, and is an AU on my AMEX (which has a 0 balance). DH called for a credit limit increase (the first time he has ever made this request), because he uses his card a lot for business, and WF told him they would only increase the limit to $2,300. $800 increase?! No debt other than a mortage, an 800+ credit rating and only an $800 CL increase? Is this the way of the credit world?

Re: Can I complain about Wells Fargo for a minute?

tengtengvn — Mon, 03 Oct 2011 21:14:06 GMT

Time to look for a better creditor.

Re: Can I complain about Wells Fargo for a minute?

OnMyMiNd04 — Mon, 03 Oct 2011 22:25:34 GMT

tengtengvn wrote:
Time to look for a better creditor.

I agree. I am not too experienced here, but I have not heard of many members with big CLs from Wells Fargo. Many banks are being very conservative with CLs and CLI requests. I would definitely advise your husband to look into Citi, Chase or AMEX if he wants to deal with better companies that are known for being generous to their good customers.

Re: Can I complain about Wells Fargo for a minute?

anderl — Mon, 03 Oct 2011 21:23:31 GMT

Yep-that's Wells Fargo for ya-just do what I did-sock drawer the WF Visa(OK- I have a $5.99 monthly subscription auto charged)-take your 800 credit score and 0 debt and get a REAL CC w/ a REAL limit that you deserve-AMEX,CHASE,CITIBANK all over 10k NFCU,PEN FED over 20k.

Re: Can I complain about Wells Fargo for a minute?

Padunkadunk — Mon, 03 Oct 2011 22:23:37 GMT

I'm in the exact same position you are. I've had my WF Plat. Visa for 5 years. It was my very first card and I called for a CLI 2 months ago. They gave me a $600 CLI after being a loyal customer for 5 years! I sockdrawered them awhile ago because WF does not show their clients that they appreciate their business and they obviously do not show that they want to grow with you.

I moved over to Chase at the beginning of this year and my relationship with them has been phenomenal! They take care of all my deposit account needs and have been great on the credit side as well with my loans and lines. In fact, I just got a $1000 CLI on my Freedom recently...how about that? Rewarding your customers for bringing their business to you.

Definitely think about what the above folks have said about having a card with Chase, Amex, or Citi...and sockdrawer Wells...you won't regret it.

Re: Can I complain about Wells Fargo for a minute?

Wolf3 — Mon, 03 Oct 2011 22:44:06 GMT

They are increasing their fees and reducing benefits on their checking/savings accounts as well.

Re: Can I complain about Wells Fargo for a minute?

KIPPIE12 — Mon, 03 Oct 2011 23:42:09 GMT

Wells services my mortgage, and keep soliciting me for the Home Rebate Visa. I've heard they are super conservative, so i'll pass. As others above have said, go with another lender. He shouldn't have any problem getting a card with good rewards and credit lines.

Re: Can I complain about Wells Fargo for a minute?

DHsCredit — Tue, 04 Oct 2011 00:01:54 GMT

You all are right. We need to move on from WF. I was just hoping to wait a year or so (since we just got a mortgage) before DH applied for more credit. As an aside, just the other day- out of the blue- I got an email from AMEX telling me that they are raising my limit on my Optima from $19K to $23K.

Re: Can I complain about Wells Fargo for a minute?

scottwagnon — Tue, 04 Oct 2011 02:20:00 GMT

i opened my wells fargo in august of 2006. it is my oldest open major credit card. i started out at 3000. i have received two cli's from that i have requested from them. the first one was septmember 2010. they gave me a 900 dollar increase. i asked the csr that granted me the increase if this was average or above average. she told me my credit increase approval was actually above average. then i requested an increase again in april 2011, and they once again granted my increase by 1200 which was way above average to 5100 where it is now obviously. i enjoy having this account as they have allowed me to use it through bill pay as if it were a bank line of credit rather than a credit card. i can cut someone a check up to my full credit line and i am only charged purchase interest the moment the check is mailed.

they have also recommended (pre approved) me for an actual line of credit. but i am hesitant because i want my credit file to improve first allowing accounts to mature a little and most of all allow for inquiries to drop first. second of all, their offer i believe may include a 25 dollar annual fee. the interest rate i believe may be between 8.5 to 10.5 percent apr.

Re: Can I complain about Wells Fargo for a minute?

JMN — Tue, 04 Oct 2011 04:43:09 GMT

I've had a Wells Visa for about 1.5 years. Limit started out at $4,500. It's gotten two CLIs, both $700 a piece.

So now it awkwardly sits at $5,900.

I only got it because a girl I was "seeing" at the time worked at Wells... She ditched me for a teller at her branch, and all I got was this lousy Wells Fargo credit card. :smileyindifferent:

Re: Can I complain about Wells Fargo for a minute?

Odiseous — Tue, 04 Oct 2011 04:57:26 GMT

JMN wrote:
I've had a Wells Visa for about 1.5 years. Limit started out at $4,500. It's gotten two CLIs, both $700 a piece.

So now it awkwardly sits at $5,900.

I only got it because a girl I was "seeing" at the time worked at Wells... She ditched me for a teller at her branch, and all I got was this lousy Wells Fargo credit card. :smileyindifferent:

But.. Did you learn *both* lessons?

Re: Can I complain about Wells Fargo for a minute?

JMN — Tue, 04 Oct 2011 08:46:43 GMT

Odiseous wrote:
JMN wrote:
I've had a Wells Visa for about 1.5 years. Limit started out at $4,500. It's gotten two CLIs, both $700 a piece.

So now it awkwardly sits at $5,900.

I only got it because a girl I was "seeing" at the time worked at Wells... She ditched me for a teller at her branch, and all I got was this lousy Wells Fargo credit card. :smileyindifferent:

But.. Did you learn *both* lessons?

Not to trust anyone from Wells Fargo NOR to accept/carry any of their products?

Yes. :smileyvery-happy:

Re: Can I complain about Wells Fargo for a minute?

ds4365 — Sat, 06 Oct 2012 17:56:39 GMT

I got one better..........my scores are above 800 across the board. I bank with Wells Fargo...have for 7 years....automatic deposit...4 savings accounts... 2 checking accounts. I have many credit cards ....3 above 20,000 limit, 8 above 5,000 limit and 3 above 15000.00 limit. I have 3 cars paid off, and a good mix of credit with only one store card. Pif on everything including 4 amex cards. I have has this litlle bity credit card from wells fargo for 7 years...started at 500 dollars. Called for an increase this month and they offered a 200.00 dollar increase....(AFTER 7 YEARS!!!!!). I have a perfect credit history with them...with everyone. I asked to be transferred to an anaylist, and she told me that I only used the card last year for around 3000.00 in purchases and this year so far only 2000.00, so it doesn't warrant more of an increase. I wanted to tell her that with that credit limit it just takes too much of my time to keep going to the store to buy gum........ I have an 118, 272.00 annual Salary and Wells Fargo gets it all in Automatic Deposits. They are the ones that are benefiting...............and I think it is getting close to the time in showing them what that measly 200.00 dollar offer will cost them in the long run......Chase has been very good to me and I think they deserve the automatic deposit. Were not the only ones that have Wells Fargo using our money with no incentive to us to do so. We can gripe or change things................My credit rating is there because I made it so...with patience and hard work.........many institutions see that.......Wells Fargo doesn't seem to notice unless it totally benefits them.

Re: Can I complain about Wells Fargo for a minute?

migliogiorni — Sat, 06 Oct 2012 18:47:30 GMT

that sucks..

Re: Can I complain about Wells Fargo for a minute?

Makin_the_Climb — Sun, 07 Oct 2012 20:12:54 GMT

Sorry to hear that! I just got a $2000.00 CLI from them last month without asking for it.

Re: Can I complain about Wells Fargo for a minute?

gettnthere — Sun, 07 Oct 2012 21:51:55 GMT

JMN wrote:
I've had a Wells Visa for about 1.5 years. Limit started out at $4,500. It's gotten two CLIs, both $700 a piece.

So now it awkwardly sits at $5,900.

I only got it because a girl I was "seeing" at the time worked at Wells... She ditched me for a teller at her branch, and all I got was this lousy Wells Fargo credit card. :smileyindifferent:

:smileyvery-happy:

Re: Can I complain about Wells Fargo for a minute?

Shogun — Sun, 07 Oct 2012 23:07:14 GMT

gettnthere wrote:
JMN wrote:
I've had a Wells Visa for about 1.5 years. Limit started out at $4,500. It's gotten two CLIs, both $700 a piece.

So now it awkwardly sits at $5,900.

I only got it because a girl I was "seeing" at the time worked at Wells... She ditched me for a teller at her branch, and all I got was this lousy Wells Fargo credit card. :smileyindifferent:
:smileyvery-happy:

Yeah, that's funny! But on a serious note, I do believe it's time to move on. Loyalty begets loyalty!