Wells Fargo will charge debit card users THREE BUCKS per transaction (solutions, school)

[california-jewel]

They only mentioned the test in 4 States. What about the other Wells Fargos, in other States. Will they first wait and see how people react to the new $3.00 monthly fee. Yeah first it is $3.00 we all know how that go's then the fees go up.
I am very concern i do have wells fargo here in Calif. Now if you have a certain amount in your account, which i do without saying how much, will i still have to pay that monthly fee, if this also happens in Calif, if so, my money and me are gone. I have my money in different banks, what interest. Banks are not paying interest it sucks right now. All i do is keep leaving banks for raising their fees. Think i am going to be talking to Wells Fargo in person.

[HappyTexan]

JPM-Chase tried something like that a few months ago and it didn't go over well so they ended it.
They tried higher ATM fees ($5.00) if you tried to use their ATM but weren't a customer.

JPMorgan Chase Decides Against $5 Test ATM Fees After Testing Period

[AuDiBelle]

Originally Posted by alphamale

You can all thank the "financial reform bill".

Now stop whining and go campaign for obama again.

Exactly. We were all warned the the financial reform bill would cause banks to make up lost revenues in other ways... including such fees.

[Dane_in_LA]

Originally Posted by SourD

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

Ehm - yes. Now, why you felt it necessary to bring it up in response to Chromekitty's perfectly reasonable post is anybody's guess.

[HappyTexan]

Originally Posted by whatyousay

Exactly. We were all warned the the financial reform bill would cause banks to make up lost revenues in other ways... including such fees.

The banks worked with Congress to write the damn bill.
Of course the banks were in favor of this bill..they had their loopholes written into it.

And many here on C-D posted about that and were blasted by the left who said this would save the consumer. Those posters were WRONG.

You have to stop reading the headlines in the MSM and start reading the dang bills because the two are NOT THE SAME anymore.

[GreenGene]

Originally Posted by Fox Terrier

Of course, if everyone did that, the banks would start charging people for every withdrawal...sigh

Mine is going to, in a way.

Years ago I had an ATM card, and all it was good for - and all I used it for - was to withdraw money from my account. Then the bank replaced it with a debit card. No problem ... until last week, when I got a notice in the mail that said the bank was going to start charging $4 a month if I used the debit card even once during a given month unless I (1) had a direct deposit going into my account (and I do), AND (2) maintained a balance of at least $5000.

Thing is, the only thing I use my debit card for is to withdraw money from my account. I have never used it for buying stuff, ever.

I've got about 6 weeks to find another bank. But I have the impression that they're all doing this kind of thing.

[HappyTexan]

Originally Posted by GreenGene

Mine is going to, in a way.

Years ago I had an ATM card, and all it was good for - and all I used it for - was to withdraw money from my account. Then the bank replaced it with a debit card. No problem ... until last week, when I got a notice in the mail that said the bank was going to start charging $4 a month if I used the debit card even once during a given month unless I (1) had a direct deposit going into my account (and I do), AND (2) maintained a balance of at least $5000.

Thing is, the only thing I use my debit card for is to withdraw money from my account. I have never used it for buying stuff, ever.

I've got about 6 weeks to find another bank. But I have the impression that they're all doing this kind of thing.

My bank did that too..replaced my ATM card with a combo ATM/debit card but I never use it as a debit card..just as an ATM card to withdraw cash.

So far so good with me. I'm with a credit union and there's no fees if you use the credit union ATM system.

[SourD]

Originally Posted by Dane_in_LA

Ehm - yes. Now, why you felt it necessary to bring it up in response to Chromekitty's perfectly reasonable post is anybody's guess.

Yep, clueless like I thought.

[SourD]

Look at all the Lefties looking for somewhere to hide their money from that evil $3/month charge, while they advocate taking more of other people's money in other threads. This is CLASSIC!

[d4g4m]

You can thank the so called consumer protection 'Dodd/Frank' legislation for the new bank fees.
Suntrust announced starting Nov 1, they will be charging $5 for using a debit card anytime during a statement period, even if used only once.
Card was used only for weekly grocery shopping. So, decided to go back to using checks. But received my check order last week. What was 3 groups of 50 checks is now 2 groups of only 60 Looks like I'll be paying for groceries with cash.
Suntrust also announced that there will be a $1 monthly fee for 'check maintainance/storage.