Author Topic: Wells Fargo starting to charge for checking accounts  (Read 6143 times)

Offline A3

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Nov 2009
  • Posts: 3338
  • Total likes: 47
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Wells Fargo starting to charge for checking accounts
« Reply #15 on: April 19, 2012, 10:31:29 AM »
I didn't get that message yet - is it coming?  I still have crown banking ?

+1

Did it come yet?
So far I still have free banking with free checks.

Except I hate their new safety deposit box sign in policy and they are very unorganized.

Offline chaimmayer

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2011
  • Posts: 1194
  • Total likes: 13
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: florida
Re: Wells Fargo starting to charge for checking accounts
« Reply #16 on: April 19, 2012, 10:44:54 AM »
Did it come yet?
It hasn't.  I also got my mortgage through Wachovia - which is also now wells fargo obviously and I recently started getting fees even though I was paying my mortgage using their bill pay.  I spoke to the manager and he explained to me that I needed to be paying the mortgage using "transfers" and that would avoid the fees.  So maybe because I am paying my mortgage through them that's why I am avoiding the fees but I didn't get a letter.
Did you get a paper letter also or just a message from them?

Offline Chaikel

  • Global Moderator
  • Dansdeals Lifetime Presidential Platinum Elite
  • **********
  • Join Date: Jun 2008
  • Posts: 6783
  • Total likes: 73
  • DansDeals.com Hat Tips 20
  • Gender: Male
    • View Profile
  • Programs: LH SEN, SPG Plat, Hyatt Plat, Rav Kav Platinum
Re: Wells Fargo starting to charge for checking accounts
« Reply #17 on: April 19, 2012, 10:47:44 AM »
It hasn't.  I also got my mortgage through Wachovia - which is also now wells fargo obviously and I recently started getting fees even though I was paying my mortgage using their bill pay.  I spoke to the manager and he explained to me that I needed to be paying the mortgage using "transfers" and that would avoid the fees.  So maybe because I am paying my mortgage through them that's why I am avoiding the fees but I didn't get a letter.
Did you get a paper letter also or just a message from them?
Just a msg. And it didn't even show up as new msg. When I click on SM I saw one dated 4/17
Create professional looking itineraries.
Check out eliteitinerary.com

Offline time

  • DansDeals Copper Elite
  • *
  • Join Date: Feb 2012
  • Posts: 15
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Wells Fargo starting to charge for checking accounts
« Reply #18 on: April 19, 2012, 11:48:11 AM »
I'm not positive, but i believe if you set up a savings acct. and set up an automatic transfer between the two accts. every month you can keep it free.  I do it with $25 I assume it could be anything

Offline yitzf

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Mar 2011
  • Posts: 2646
  • Total likes: 49
  • DansDeals.com Hat Tips 4
    • View Profile
Re: Wells Fargo starting to charge for checking accounts
« Reply #19 on: April 19, 2012, 12:57:09 PM »
same here i HATE Wells Fargo! I had a Wachovia account and was happy... Now I'm banking at chase, and savings are in Fidelity ;)
Doesn't Chase have fees too? What do you gain with Chase? (besides for exclusives)

Offline oldguy

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Mar 2012
  • Posts: 825
  • Total likes: 33
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn
Re: Wells Fargo starting to charge for checking accounts
« Reply #20 on: April 19, 2012, 02:03:40 PM »
Doesn't Chase have fees too? What do you gain with Chase? (besides for exclusives)
With a Chase Business account you get 3 more premiere accounts free

And to keep the business account free there are a few things, The easiest is prob to spend 1K on a Chase Business CC

Online Lou Bob

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2010
  • Posts: 1949
  • Total likes: 91
  • DansDeals.com Hat Tips 3
    • View Profile
  • Programs: Starbucks gold, Optavia
Re: Wells Fargo starting to charge for checking accounts
« Reply #21 on: April 19, 2012, 03:30:48 PM »
Called last night. This is what I was told...student acct still free. Way to save checking account fee ($12/month minus $2/month for signup to online statements) can be waived with any 10 transactions on the statement(or $750 dd, or maintain average $2000 in account)
Always use an Amex, you'll thank me one day.

Online Lou Bob

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2010
  • Posts: 1949
  • Total likes: 91
  • DansDeals.com Hat Tips 3
    • View Profile
  • Programs: Starbucks gold, Optavia
Re: Wells Fargo starting to charge for checking accounts
« Reply #22 on: April 19, 2012, 03:34:56 PM »
This fee starts may 4
Always use an Amex, you'll thank me one day.

Offline MarkS

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2009
  • Posts: 3735
  • Total likes: 16
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Re: Wells Fargo starting to charge for checking accounts
« Reply #23 on: April 19, 2012, 03:37:00 PM »
Called last night. This is what I was told...student acct still free. Way to save checking account fee ($12/month minus $2/month for signup to online statements) can be waived with any 10 transactions on the statement(or $750 dd, or maintain average $2000 in account)
My account is a student account and I still got the message about the fees.....

Offline yitzf

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Mar 2011
  • Posts: 2646
  • Total likes: 49
  • DansDeals.com Hat Tips 4
    • View Profile
Re: Wells Fargo starting to charge for checking accounts
« Reply #24 on: April 19, 2012, 03:39:24 PM »
My account is a student account and I still got the message about the fees.....
Probably depends on the the state

Offline MarkS

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2009
  • Posts: 3735
  • Total likes: 16
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Re: Wells Fargo starting to charge for checking accounts
« Reply #25 on: April 19, 2012, 03:44:38 PM »
My account is a student account and I still got the message about the fees.....
I just called. When my Wachovia student account rolled into a Wells Fargo account they turned it into a Wells Fargo Essential Checking Account. At the time there was no difference between the 2, but with the new fee there is a difference only in regard to the fee.

They said if I go into a branch and show proof of enrollment in College they will switch it back over to a student (fee free) account.

Offline smart brit

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: May 2011
  • Posts: 2053
  • Total likes: 0
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: New york / London
Re: Wells Fargo starting to charge for checking accounts
« Reply #26 on: April 19, 2012, 04:15:08 PM »
Not true for existing accounts. Only for new accounts.
I'm a capital one user from northgork days and still I got the letter in the mail saying about the new changes

Offline meshugener

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Feb 2012
  • Posts: 7079
  • Total likes: 45
  • DansDeals.com Hat Tips 4
  • Gender: Female
    • View Profile
  • Location: DDF
  • Programs: Amex Platinum, Chase Freedom 10X10 Exclusives, Avis Presidents Club, National Executive, Hertz 5 Star, Hilton Gold, Accor Platinum, Hyatt Platinum, Marriott Silver, SPG Gold, Club Carlson Gold
Re: Wells Fargo starting to charge for checking accounts
« Reply #27 on: April 19, 2012, 05:12:59 PM »
Hmmm, what type of account do you have? What state did you open the account in?
Love me or hate me. I still love you.

Offline smart brit

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: May 2011
  • Posts: 2053
  • Total likes: 0
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: New york / London
Re: Wells Fargo starting to charge for checking accounts
« Reply #28 on: April 19, 2012, 05:17:25 PM »
Hmmm, what type of account do you have? What state did you open the account in?
im in nyc and have an account with them since northfork days they call it now completely free checking

Offline meshugener

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Feb 2012
  • Posts: 7079
  • Total likes: 45
  • DansDeals.com Hat Tips 4
  • Gender: Female
    • View Profile
  • Location: DDF
  • Programs: Amex Platinum, Chase Freedom 10X10 Exclusives, Avis Presidents Club, National Executive, Hertz 5 Star, Hilton Gold, Accor Platinum, Hyatt Platinum, Marriott Silver, SPG Gold, Club Carlson Gold
Re: Wells Fargo starting to charge for checking accounts
« Reply #29 on: April 19, 2012, 05:27:17 PM »
I got the free rewards checking  account in NYC, but if you open it today they'll charge ya a monthly service fee, if you opened the acc before the new fee, you still have it free.
Love me or hate me. I still love you.