Wells Fargo will charge debit card users THREE BUCKS per transaction (Clinton, dollar)

[alphamale]

You can all thank the "financial reform bill".

Now stop whining and go campaign for obama again.

[Driller1]

Originally Posted by Cunucu Beach

I use a credit card and pay it off in full every month. Credit card companies hate customers like me who pay no interest. Plus I get bonus points.

I thought that too...

But, a representative told me their real money comes from merchants.

After I checked into taking credit cards, I believe that.

People like you and me are just good cash flow.

[bmw335xi]

Unless they plan to give me mileage for every dollar I spend with my debit card, I'll drop Wells Fargo if they charge $3/month for my debit card. It's principal rather than the $3 that will irritate me.

[highcotton]

Time for a reading comprehension test. It's $3 'per month', not 'per transaction'. The OP might as well have said it was $30 or $300, which would have been just as wrong...

[JazzyTallGuy]

Originally Posted by kevinm

Cheapskates. Banks are in business to MAKE MONEY.

Amazing how long ATM services have been offered to customers and in most cases as long as the cusotmer used their debit or ATM card on the same network there was no charge at all. Over those years banks have made BILLIONS of dollars in profits

This is just another example of price gouging and greed by banks.

[Driller1]

Originally Posted by JazzyTallGuy

Amazing how long ATM services have been offered to customers and in most cases as long as the cusotmer used their debit or ATM card on the same network there was no charge at all. Over those years banks have made BILLIONS of dollars in profits

This is just another example of price gouging and greed by banks.

Don't use bank cards...how simple is that??

[jmking]

Originally Posted by Cunucu Beach

I use a credit card and pay it off in full every month. Credit card companies hate customers like me who pay no interest. Plus I get bonus points.

Banks refer to customers like you "Dead Beats". For everyone- dump Wells Fargo, horrible bank that treated my wife and I like animals.

[HurricaneDC]

Originally Posted by kevinm

Cheapskates. Banks are in business to MAKE MONEY.

And they already do. You think they just let your money sit there? No, they take your money and invest it in order to make more money. Usually on products that give the bank way more interest than they give you. Fractional reserve banking.

Call me a 'cheapskate' if you want but I don't appreciate having a service that I previously did not pay any money for and now have to. Thankfully this is a free country where I can choose to go to another bank or CU that will not charge me for simply glancing at their ATM.

[VTHokieFan]

Suntrust Bank's is $5.00 per PIN point of sale or signature transaction. I am done with Suntrust.

[EinsteinsGhost]

Originally Posted by alphamale

You can all thank the "financial reform bill".

Now stop whining and go campaign for obama again.

I'm surprised that it took ten posts before we got to "Blame Obama", on an issue that has existed for a long-long time (to those of us who didn't have head firmly stuck in the sand).

It is why I switched from big banks to Credit Unions and utilize services of a small (relatively "local") bank for most part. And that was years ago.