| Wells Fargo Hidden Costs? |
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domskynetlabs
Full Member
Cash: $ 21.09
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Joined: 24 Nov 2004
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| Wells Fargo Hidden Costs? |
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In any online banking service when you view the transaction history listed are all deductions and credits. When a customer incurs a charge from the bank for example a wire transfer fee, trade fee from a brokerage account, and/or not maintaining a minimum balance for a premium bank account. It should in theory show within that history statement for your accounts correct? I am under the suspicion that Wells Fargo does not list these fees or takes them out of your paid interest.
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Tue Dec 14, 2004 12:25 am |
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Andrew
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I would certainly think that all debits and credits would be listed on your statement. Perhaps you are looking at an incomplete list? If you think there is something missing, have you contacted them to find out the deal?
The onyl reference I found to hidden fees was mentioned in a class action suit against WF, although this was in the different context of loans...
Financing large - and often hidden - fees into loans. Many borrowers were charged 7.5 –11% of what they borrowed in fees. And since these fees were added into their loans they continue to pay Wells interest on the money they borrowed to pay Wells itself.
http://www.acorn.org/index.php?id=2043
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Tue Dec 14, 2004 1:59 am |
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xboxundone
Senior Member
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I use wells fargo and have never gotte charged for any fee excpet once i withdrew too much during a month form my savings (5 withdraws) there is a limit fo 3 but i played ignorant with the customer service person and they refunded the fee. But it showed on my transactions....
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Tue Dec 14, 2004 2:14 am |
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domskynetlabs
Full Member
Cash: $ 21.09
Posts: 95
Joined: 24 Nov 2004
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wow i never heard about the loan issue
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Tue Dec 14, 2004 2:24 am |
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