Wells Fargo destroys lives. Why do you bank there.?

Question

Wells Fargo is by and large, the most p**s poor financial institution in the United States. I have never dealt with such moronic fools in all my life. Employees at Wells Fargo are considered "White Collar" employees, but in reality it is "****-Stain Collar"

Wells is an extremely low quality bank, for a number of reasons:

1. When they call you to collect payment for your credit card, they will deduct money from you checking account and overdraft the **** of out, Accruing massive fees in the process. They don't well you there isn't enough money in your checking, they'll just do it anyways.

2. Interest Rates.

Wells Fargo states on their website they offer competitive interest rates. Having a savings balance of $1000 or less yield a whopping .0% APY ( basically enough money to add one packet of sweetener to your Coffee each year). This year in my savings, I accumulated $.01 exactly :) YAY.

Dont claim to offer competitive interest rates when in fact you don't, and if you are comparing interest rates to the Bank of Iraq, that doesn't count either. Your competitors offer interest rates that DONT COMPETE with you MR. Wells.

Granted, since Wells is a brick 'n Mortar, it has more overhead then online banks, but I'll go into my ranks about their In-person customer care another time.

Thanks for listening.

Answer 1

Ummm wow.I dont think I'll ever bank there now lol

Answer 2

I stopped banking with them in any sort of fashion over 20 years ago.  My hubby, then my finance, had a credit card and bank account with them.  I found their customer service to be horrible, they were already outsourcing back then and did little to correct their own mistakes opting rather to blame the customer.  They don't even have an account preservation team when you yank large sums of money from them because they are so busy charging fees.

Answer 3

The only business I do with Wells Fargo is my mortgage, because they bought it from another bank.  I hate them too.  When I get enough money to refinance I'll leave them in my dust.