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OT: It's official.. Goodbye wells fargo.. Hello u.s. bank corpUser Forum Topic
Submitted by flu on June 8, 2012 - 1:44pm
Well, after having been a Wells Fargo account holder since 1998, I've decided finally to cut my ties with them. Long story short. I completed refinancing and my loan is no longer serviced with wells fargo. I lost my PMA status but before I had the opportunity to downgrade my PMA account back to a standard account, they decided to charge $30 to my account. And I had no luck getting it reversed. So I'm outta there. I'm going to try to do everything at schwab now, and just open something at US Bank in case I need to deal with cash.... Man, it's too bad. I use to like Wells Fargo... Not nearly as bad as BofA..... I'm not so sure I can tell the difference anyway. God, I hope with the refi, the servicer doesn't end up being Wells Fargo again....
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US Bank promotion starting June 23.
Open a checking/savings get $75... Transfer 1000 into account and get an extra $50 visa gift card.
Bye bye wells fargo...
Not nearly as bad as BofA.....
They should use this line in their commercials.
I completely understand. If I ever lost my PMA status I would be outta WF. Until then I enjoy my free atm status around the globe.
Well, looks like Wells Fargo is out... And I'm at... Chase....Of course the $150 bonus for opening a checking account kinda made things interesting for me. That and mobile checking like schwab.
So I'm back to Chase.
HSBC, end of story.
schwab is better.
schwab is better.
Not for use abroad. HSBC has a bunch of services that are quite useful if you travel a lot.
schwab is better.
Not for use abroad. HSBC has a bunch of services that are quite useful if you travel a lot.
I disagree. Schwab reimburses for all ATM's, including abroad....
HSBC has the advantage of branch deposits for cash if you need it, and they have a slightly higher interest rate 0.8% versus 0.3% (but schwab's rates are tiered..)
But Schwab also has convenience things like mobile deposits via phone app.
Here was one comparo...
http://savings-accounts.findthebest.com/...
HSBC has physical infrastructure and branches with actual people abroad. I couldn't give two aerial copulations about deposits via phone app, personally.
Ok, different strokes for different folks I guess. Personally, I hate going into a branch. I get everything done when I want. When I collect a rent check, it gets deposited immediately once it lands in my hands. No trip to an atm, into a teller,etc.
Snap, and it goes into my account.
As far as money..I end up putting everything on a credit card as much as I can to get points/dollars. But that's just me. And when I do go abroad or anywhere for that matter, I pick whatever atm I want. Never had a need to step into a specific bank.
Snap, and it goes into my account.
As far as money..I end up putting everything on a credit card as much as I can to get points/dollars. But that's just me. And when I do go abroad or anywhere for that matter, I pick whatever atm I want. Never had a need to step into a specific bank.
I'm with you 100%. The only time I go into a bank is to wire a large amount of money or to deposit a check larger than $2k. Otherwise, checks get deposit within minutes of it touching my hands. Even if it mean it's 1AM.
I also put as much on the credit card as possible, for the points.
I try to avoid crap-carding and pay cash for transactions below a few hundred
(a) crap-cards and their fees screw over smaller merchants
(b) officially or not, a lot of the smaller merchants give cash discounts, which sort of balances the points issue
(c) privacy issues
Techie as I am, I'm a proud follower of Ned Ludd in this particular respect.
(a) crap-cards and their fees screw over smaller merchants
(b) officially or not, a lot of the smaller merchants give cash discounts
Yeah, because chances are if you pay cash, they aren't ringing into the register and reporting it on income too :)
Smaller merchants that really felt that they are being screwed over shouldn't be accepting credit cards or should tell folks to buy a minimum (even though techically not allowed).
I'll still to my CC 5% reward or 3% costco reward, thank you.. And especially if I hate a bigger merchant like *cough* walmart, nothing gives me more satisfaction than buying a stick of gum on a credit card....
Yeah, because chances are if you pay cash, they aren't ringing into the register and reporting it on income too :)
None of my damn business if this is the case -- I don't want to know.
Actually minimums of $10 or below are now legal, and have been since 2010.
Snap, and it goes into my account.
As far as money..I end up putting everything on a credit card as much as I can to get points/dollars. But that's just me. And when I do go abroad or anywhere for that matter, I pick whatever atm I want. Never had a need to step into a specific bank.
I'm with you 100%. The only time I go into a bank is to wire a large amount of money or to deposit a check larger than $2k. Otherwise, checks get deposit within minutes of it touching my hands. Even if it mean it's 1AM.
I also put as much on the credit card as possible, for the points.
I hate going into a bank these days. They're always trying to either get me to open yet another account or trying to show me their crap refinance rates.
Yeah, because chances are if you pay cash, they aren't ringing into the register and reporting it on income too :)
None of my damn business if this is the case -- I don't want to know.
Actually minimums of $10 or below are now legal, and have been since 2010.
I forget.. The other thing nice about a CC. Is if you get screwed...chargeback... But again, that's just me.
Luckily, Chase doesn't do that to me. I just don't want to waste my time going to the bank. I rather do it when it's most convenient to me. That tend to be in the middle of the night.
flu -
Good luck with Chase. We just extricated our final account from them. It was horrific. We had several accounts that were old WAMU accounts.
I've heard that new accounts, and previous chase accounts offer better terms than what they did to former wamu customers. But they really tried to nickel and dime us to death. My husband had some IRA money there that they refused to rollover. I will never bank with Chase again because of the bad experience. Literally over a year of stonewalling from them.
The only thing that worked to get the accounts closed/rolled was to physically be there, escalate to the manager, and keep raising his voice until they finally made it happen. Not sure if the registered letter complaint to the SEC and FDIC also had an impact. But they were aware we'd sent them.
I love Schwab and we also have credit union accounts. Both are great.
I rank BofA ahead of Wells Fargo. WAMU was great while it lasted.
Good luck with Chase. We just extricated our final account from them. It was horrific. We had several accounts that were old WAMU accounts.
I've heard that new accounts, and previous chase accounts offer better terms than what they did to former wamu customers. But they really tried to nickel and dime us to death. My husband had some IRA money there that they refused to rollover. I will never bank with Chase again because of the bad experience. Literally over a year of stonewalling from them.
The only thing that worked to get the accounts closed/rolled was to physically be there, escalate to the manager, and keep raising his voice until they finally made it happen. Not sure if the registered letter complaint to the SEC and FDIC also had an impact. But they were aware we'd sent them.
I love Schwab and we also have credit union accounts. Both are great.
I would agree. Frankly, I think Chase, BofA and Wells are via for the "worst bank possible" title.
But Chase gave me $150 to open an account, and I can't resist doing this every 6 months. They're getting better though. Seems like I get the nice glossy flyers telling me exactly what the fees are.
https://rewards.chase.com/XSell/150/p205...
I won't really use it. Just need a backup for Schwab.
Snap, and it goes into my account.
As far as money..I end up putting everything on a credit card as much as I can to get points/dollars. But that's just me. And when I do go abroad or anywhere for that matter, I pick whatever atm I want. Never had a need to step into a specific bank.
I'm with you 100%. The only time I go into a bank is to wire a large amount of money or to deposit a check larger than $2k. Otherwise, checks get deposit within minutes of it touching my hands. Even if it mean it's 1AM.
I also put as much on the credit card as possible, for the points.
The limit for mobile deposit from Schwab is much larger than Chase
I've been with WF for years and have never had a problem. As a PMA client I havent paid a penny in fees in years (monthly or atm) and I get more free stock trades than I can use. I'm sure everyone has their own issues but I've never had any with them