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Wells Fargo Legacy Checking Account Forced Conversions

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AndySoCal
Senior Contributor

Re: Wells Fargo Legacy Checking Account Forced Conversions

@TrapLine   here is the price of two boxes personal high security checks no design etc from Deluxe. I Had to give them some basic info to get the price. I do not know if banks / credit unions negociate prices with check printers or not.

delux.PNG

 

Same item from Walmart checks who uses Harland Clarke  (at least they did when I ordered).

 

 

walmartc.PNG

 

 

 

 

 

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Message 21 of 41
TrapLine
Frequent Contributor

Re: Wells Fargo Legacy Checking Account Forced Conversions

AndySoCal

 

Glad you mentioned Walmart. Did not know they had checking printing services available. Store near me.

 

Interesting the pricing you obtained from Delux Corp. For your information they have been reallocating resources and changing their company focus due to the serious drop in the paper check printing business. As we know, and admitted by Delux, the younger at heart use alternatives to paper checks and it has impacted the corporation's bottom line. They had to rethink whether they would exist into the future and with this in mind, taken a new direction which is not the printing business.

Message 22 of 41
AndySoCal
Senior Contributor

Re: Wells Fargo Legacy Checking Account Forced Conversions

@TrapLine  The Walmart check printing is availible via the web. I do not think it is availible in store. I could be wrong.

FIC Scores XPN v8 808 V2 831 (SDFCU) TUC V 8 803 03/25 EFX Bankcard v8 822 EFX FIC0 v8 800 Vantage score 4.0 817 via JC Penney )
Discover IT 09/90, 19000, JC Penney 10/2008 4700, US Bank Cash 08/2010 12,000 Citibank Custom Cash 5/2015 11,100 State Dept. FCU 20,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 08/23/2024 Langley FCU Signature Cash Back Visa 10000
Banking: Langley FCU Credit Unions: Lafayette FCU Fortera FCU State Department FCU Pelican State CU Red-stone FCU Hughes FCU
My personal blacklist Axos Bank, Bank of America, Synchrony Bank Capital One TD Bank Comerica Bank BMO
Message 23 of 41
UncleB
Credit Mentor

Re: Wells Fargo Legacy Checking Account Forced Conversions


@AndySoCal wrote:

@TrapLine  The Walmart check printing is availible via the web. I do not think it is availible in store. I could be wrong.


At the risk of taking this further off-topic (let 'em come for us... we're having a good discussion here, ha) I'll mention Sam's has a similar offering:  https://www.samsclubchecks.com/ 

 

I didn't dig too deep, but I suspect they're using the same backend just with different quantities/pricepoints.

Message 24 of 41
ptatohed
Senior Contributor

Re: Wells Fargo Legacy Checking Account Forced Conversions

Wait, you guys pay for checks???  :-o 

[ Signature in dire need of updates. It's on my to-do list. Smiley Wink ]


5% CB rotating: ;
Everyday 3% CB: ;
Everyday 5%: ;
Companion Card: ;
Everyday 2.2% CB: ;
Retired to sock drawer after AOD (kept alive w/ 1 purchase every 6 mo): ;
On my radar: ;
Still Waiting for an Invite: ;
No hope:
Message 25 of 41
NoMoreE46
Community Leader
Senior Contributor

Re: Wells Fargo Legacy Checking Account Forced Conversions

@UncleB 

 

Imma going to allow you this one, but   

WatchingYouEmoji.jpg 

 

 

 


@UncleB wrote:

@AndySoCal wrote:

@TrapLine  The Walmart check printing is availible via the web. I do not think it is availible in store. I could be wrong.


At the risk of taking this further off-topic (let 'em come for us... we're having a good discussion here, ha) I'll mention Sam's has a similar offering:  https://www.samsclubchecks.com/

 

I didn't dig too deep, but I suspect they're using the same backend just with different quantities/pricepoints.



  

Message 26 of 41
UncleB
Credit Mentor

Re: Wells Fargo Legacy Checking Account Forced Conversions


@NoMoreE46 wrote:

@UncleB 

 

Imma going to allow you this one, but   

WatchingYouEmoji.jpg 

 

smiley-laughing021.gifHeart Smiley Very Happy

Message 27 of 41
Thomas_Thumb
Senior Contributor

Re: Wells Fargo Legacy Checking Account Forced Conversions


@UncleB wrote:

Wells Fargo has offered a number of different checking accounts over the years, and when they stop offering one they generally grandfather anybody who currently has it.  Apparently that has changed. Smiley Frustrated

 

The account that used to be offered to senior citizens was done away with a while back, and now they're apparently force converting those folks to their 'Everyday Checking' account.

 

Info on the change here:  https://sites.wf.com/essentialtoeveryday/ 

 

I am a secondary account holder on an account of this type.  At-a-glance, what I notice that has been lost of most value is the discount on check orders, which many people in the age bracket for this account type will likely still be using.  The account monthly fee has increased from $7 to $10, but the activities for waiving the fee have been (slightly) expanded and the minimum direct deposit is still the same ($500) so this isn't likely to trip-up many people.

 

The other account I have with WF is a Preferred Checking account; this is also being force-converted to an Everyday Checking account. 


Got my email notification yesterday from WF about forced conversion of my Complete Advantage checking to Everyday checking. I then looked at my last statement and sure enough it was mentioned in fine print. July 2024 conversion (22nd?).

 

I have a prime checking account as well. Unless you qualify for a loophole exclusion, there is a $10 monthly service fee for Everyday and $25 for Prime checking, respectively. I'd go elsewhere except for fee exemption and free checks due to the checking being linked to a qualifying minimum balance account.

Fico 9: .......EQ 850 TU 850 EX 850
Fico 8: .......EQ 850 TU 850 EX 850
Fico 4 .....:. EQ 809 TU 823 EX 830 EX Fico 98: 842
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VS 3.0:...... EQ 835 TU 835 EX 835
CBIS: ........EQ LN Auto 940 EQ LN Home 870 TU Auto 902 TU Home 950
Message 28 of 41
TrapLine
Frequent Contributor

Re: Wells Fargo Legacy Checking Account Forced Conversions

Wonder what your Karma Field for Banking looks like? ... Smiley Happy

Message 29 of 41
AndySoCal
Senior Contributor

Re: Wells Fargo Legacy Checking Account Forced Conversions

@ptatohed   Ally Bank unlike Discover does not have free checks.  The other reason is I write 2 or 3 a month. Other than that if possible is electronic

FIC Scores XPN v8 808 V2 831 (SDFCU) TUC V 8 803 03/25 EFX Bankcard v8 822 EFX FIC0 v8 800 Vantage score 4.0 817 via JC Penney )
Discover IT 09/90, 19000, JC Penney 10/2008 4700, US Bank Cash 08/2010 12,000 Citibank Custom Cash 5/2015 11,100 State Dept. FCU 20,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 08/23/2024 Langley FCU Signature Cash Back Visa 10000
Banking: Langley FCU Credit Unions: Lafayette FCU Fortera FCU State Department FCU Pelican State CU Red-stone FCU Hughes FCU
My personal blacklist Axos Bank, Bank of America, Synchrony Bank Capital One TD Bank Comerica Bank BMO
Message 30 of 41
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