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Thursday, September 15, 2011

New Dilemma For Some Wells Fargo Customers: Keep $7500 In The Bank Or Pay $15 Fee

As banks look for new and exciting sources of revenue, free checking is slowly fading away at the nation's large financial institutions. This week, we heard from several Wells Fargo customers who are annoyed that they'll have to pay $15 per month to keep their current account type if they don't have an average of $7,500 in the bank, across all of their accounts. Is this impossible? No, but it's a drastic change from the old requirements.

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1 comment:

Anonymous said...

I closed my Wachovia (same bank as Wells Fargo) account over a similar fee a year ago. There are alternatives to big banks that exist to rip you off, people!