Wells Fargo will charge debit card users THREE BUCKS per transaction (Congress, Dodd)

[cruxan]

Originally Posted by 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.

that would be the straw that broke the camels back

[01Snake]

Originally Posted by EinsteinsGhost

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.

This. Dump the Big Banks and go local/regional.

[Dane_in_LA]

Originally Posted by jmking

Banks refer to customers like you "Dead Beats".

What do I care? Credit Cards are convenient, paying them off in full every month does wonders for one's credit rating, and I can fly internationally on the bonus points. Plus American Express' service department actually has your back when you need to dispute a charge. In other words, they can call me any name in the book.

[sundrop]

Originally Posted by kevinm

Cheapskates. Banks are in business to MAKE MONEY.

They do, they make money off of investing the money of its customers.

[SourD]

Originally Posted by Chromekitty

They do, they make money off of investing the money of its customers.

Thanks to the Clinton administration for repealing Glass-Steagal

[Dane_in_LA]

Originally Posted by SourD

Thanks to the Clinton administration for repealing Glass-Steagal

Ehm - lending money at a higher rate than the one offered for deposits has been the business models for banks since the Medicis, at the very least.

[Strel]

No they won't, because I won't be using their services.

Ever.

[SourD]

Originally Posted by Dane_in_LA

Ehm - lending money at a higher rate than the one offered for deposits has been the business models for banks since the Medicis, at the very least.

Clueless I see. Do you even know what the Glass-Steagal act did?

[cw30000]

I don't know why you people even both putting cash in bank. It's paying no interest.

I only have them there to pay the mortgage. If you don't have mortgage, you might as well put it under the mattress.

[jmking]

Originally Posted by Dane_in_LA

What do I care? Credit Cards are convenient, paying them off in full every month does wonders for one's credit rating, and I can fly internationally on the bonus points. Plus American Express' service department actually has your back when you need to dispute a charge. In other words, they can call me any name in the book.

I agree with you, I do the same. A banker relative of mine mentioned the dead beat call out and I never forgot it.