Tuesday, August 23, 2011

Wells Fargo Cheats Its Customers

Last week, Wells Fargo announced it would begin charging its debit card customers $3/month for the privilege of accessing their own money. They are doing this as a test, in five states including New Mexico, to see how much they can cheat their customers before they rebel.

Now Wells Fargo has announced their free checking will now cost $7/month. According to the news reports, this charge is not being tested, but is being applied nationwide.

I don't have an account at Wells Fargo (thank heaven!). But if I did, I would close that account right now, and move it to a legitimate bank. Wells Fargo is clearly the worst of the worst.

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