I'm sorta starting to feel sorry for them, but really glad I switched stagecoaches at the last outpost. 
@Moneyklutz wrote:I'm sorta starting to feel sorry for them, but really glad I switched stagecoaches at the last outpost.
More proof that the rich are the problem. WF is a classic example of that.
Even without all the scandals, WF offers absolutely nothing of value whether in terms of banking or credit. Their cards are good for a quick pump-and-dump and that's about it. They're also the only of the "big four" to be short-sighted/idiotic enough to deny unsecured cards to non-citizens. All good though, actually did me a favor by eliminating themselves before the first round even started. 
wrote:I'm sorta starting to feel sorry for them, but really glad I switched stagecoaches at the last outpost.
I could never feel sorry for them. They're about as evil as they come. The deserve every negative consequence and more.
wrote:Even without all the scandals, WF offers absolutely nothing of value whether in terms of banking or credit. Their cards are good for a quick pump-and-dump and that's about it. They're also the only of the "big four" to be short-sighted/idiotic enough to deny unsecured cards to non-citizens. All good though, actually did me a favor by eliminating themselves before the first round even started.
Well, PMA account holders get treated like royalty... or, at least, used to. No fees on anything FTW. I mean, being able to wire money anywhere, or write a cashier's check, at anytime, at no cost, is an incredible feature. I'm not sure if they still do that, but it's fantastic. Plus, when you call in to customer service, they have a special department that doesn't mess around, and puts your call through straightaway.
It's funny how they always manage to charge all of the fees to the accounts with hardly any money in them. Talk about Capitalism run amok.
Only someone living paycheck to paycheck would see their accounts drained due to doubling their monthly bill pay total. PMA account holders probably wouldn't even have noticed, if it didn't overdraw other customers.
That said, when they start opening shill accounts - in actual customer's names - without anyone's permission... that's basically the worst case scenario. I mean, the fact that these publically traded companies have to constantly generate "growth" every single year, is totally impossible, and just makes them make unrealistic demands on the workforce, which leads to criminal stupidness like this.
In light of this, until proven otherwise, I won't even consider this latest incident to be an accident. Many accounts were overdrawn. Some people probably won't notice and won't ask for their money back. Job done.
wrote:
wrote:Even without all the scandals, WF offers absolutely nothing of value whether in terms of banking or credit. Their cards are good for a quick pump-and-dump and that's about it. They're also the only of the "big four" to be short-sighted/idiotic enough to deny unsecured cards to non-citizens. All good though, actually did me a favor by eliminating themselves before the first round even started.
Well, PMA account holders get treated like royalty... or, at least, used to. No fees on anything FTW. I mean, being able to wire money anywhere, or write a cashier's check, at anytime, at no cost, is an incredible feature. I'm not sure if they still do that, but it's fantastic. Plus, when you call in to customer service, they have a special department that doesn't mess around, and puts your call through straightaway.
It's funny how they always manage to charge all of the fees to the accounts with hardly any money in them. Talk about Capitalism run amok.
Only someone living paycheck to paycheck would see their accounts drained due to doubling their monthly bill pay total. PMA account holders probably wouldn't even have noticed, if it didn't overdraw other customers.
That said, when they start opening shill accounts - in actual customer's names - without anyone's permission... that's basically the worst case scenario. I mean, the fact that these publically traded companies have to constantly generate "growth" every single year, is totally impossible, and just makes them make unrealistic demands on the workforce, which leads to criminal stupidness like this.
In light of this, until proven otherwise, I won't even consider this latest incident to be an accident. Many accounts were overdrawn. Some people probably won't notice and won't ask for their money back. Job done.
You need $250,000 or more to waive stop payments, ATM fee reimbursments, and to get $0 overdraft protection fee.
Same thing with Chase, except you're only required to have $75,000.
Meanwhile, at Schwab, one can have $0.00 in their account and get all of those features.
You didn't do Wells Fargo any favors there.
Perhaps if they had real credit cards, the people here would have a little more respect for them, but not much.
wrote:
wrote:
wrote:Even without all the scandals, WF offers absolutely nothing of value whether in terms of banking or credit. Their cards are good for a quick pump-and-dump and that's about it. They're also the only of the "big four" to be short-sighted/idiotic enough to deny unsecured cards to non-citizens. All good though, actually did me a favor by eliminating themselves before the first round even started.
Well, PMA account holders get treated like royalty... or, at least, used to. No fees on anything FTW. I mean, being able to wire money anywhere, or write a cashier's check, at anytime, at no cost, is an incredible feature. I'm not sure if they still do that, but it's fantastic. Plus, when you call in to customer service, they have a special department that doesn't mess around, and puts your call through straightaway.
It's funny how they always manage to charge all of the fees to the accounts with hardly any money in them. Talk about Capitalism run amok.
Only someone living paycheck to paycheck would see their accounts drained due to doubling their monthly bill pay total. PMA account holders probably wouldn't even have noticed, if it didn't overdraw other customers.
That said, when they start opening shill accounts - in actual customer's names - without anyone's permission... that's basically the worst case scenario. I mean, the fact that these publically traded companies have to constantly generate "growth" every single year, is totally impossible, and just makes them make unrealistic demands on the workforce, which leads to criminal stupidness like this.
In light of this, until proven otherwise, I won't even consider this latest incident to be an accident. Many accounts were overdrawn. Some people probably won't notice and won't ask for their money back. Job done.
You need $250,000 or more to waive stop payments, ATM fee reimbursments, and to get $0 overdraft protection fee.
Same thing with Chase, except you're only required to have $75,000.
Meanwhile, at Schwab, one can have $0.00 in their account and get all of those features.
You didn't do Wells Fargo any favors there.
Perhaps if they had real credit cards, the people here would have a little more respect for them, but not much.
Yep with Bank of America, you just need $20,000 to become a gold preferred client and have most of the fees waived. Sure they don't have the best credit products, but I feel they're the most "generous" of the big four on their banking side. Chase has excellent cards that most people drool over, and Citi.... Well at least they're not Wells Fargo LOL
Seriously, why anyone would bank with WF (especially after the scandals and now this "glitch") is beyond me. If I had $250,000 or even just $100,000 to kick around, I'd much rather be a BoA Platinum Honors client or a Chase Private Client. The only way I'd ever bank with WF is if they offered a hefty bonus, and even then I'd still close my account as soon as I'm out the early termination window.