OT: It’s official.. Goodbye wells fargo.. Hello u.s. bank corp

[Coronita]

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….

[Coronita]

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…

[enron_by_the_sea]

[quote=flu]
Not nearly as bad as BofA…..
[/quote]

They should use this line in their commercials.

[sdrealtor]

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.

[Coronita]

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.

[spdrun]

HSBC, end of story.

[Coronita]

[quote=spdrun]HSBC, end of story.[/quote]

schwab is better.

[spdrun]

[quote=flu][quote=spdrun]HSBC, end of story.[/quote]

schwab is better.[/quote]

Not for use abroad. HSBC has a bunch of services that are quite useful if you travel a lot.

[Coronita]

[quote=spdrun][quote=flu][quote=spdrun]HSBC, end of story.[/quote]

schwab is better.[/quote]

Not for use abroad. HSBC has a bunch of services that are quite useful if you travel a lot.[/quote]

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/compare/21-98/HSBC-Online-Savings-vs-Charles-Schwab-High-Yield-Investor-Savings

[spdrun]

HSBC has physical infrastructure and branches with actual people abroad. I couldn’t give two aerial copulations about deposits via phone app, personally.

[Coronita]

[quote=spdrun]HSBC has physical infrastructure and branches with actual people abroad. I couldn’t give two aerial copulations about deposits via phone app, personally.[/quote]

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.

[an]

[quote=flu]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.[/quote]
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.

[spdrun]

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.

[Coronita]

[quote=spdrun]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[/quote]

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….

[spdrun]

[quote=flu]
Yeah, because chances are if you pay cash, they aren’t ringing into the register and reporting it on income too :)[/quote]

None of my damn business if this is the case — I don’t want to know.

[quote]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).[/quote]

Actually minimums of $10 or below are now legal, and have been since 2010.

[Author]

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