I started at Wells Fargo Bank when they were called First Interstate 28 years ago. I have excellent credit and have never been late on a credit card payment in 32 years with well over $150,000.00 in lines of credit. I have a checking account, a savings account, and three Wells Fargo Credit cards, that, up until yesterday had $13,000.00 credit between them.
Three years ago, in January of 2009, I had a $20,000.00 credit line at Wells Fargo. I borrowed a cash advance of $14,000.00 for a business plan. I PAID THE FULL AMOUNT OFF IN SIX WEEKS TIME ! And, that is during a recession!
Their thank you was to send me a letter a month later and cut my credit line down to $7,500.00. Why? There was no reason given and when I called them, it got nowhere.
I, as a taxpayer, helped Wells Fargo get their $25 billion bailout in 2009, so how do they treat me when I am never late on a payment in 28 years? They chop my credit in half, the bunch of double-crossing idiotic jerks.
In 2010, I borrowed $4,000.00 once again against my Wells Fargo MarsterCard. Once again, in a recession, I paid the lump sum off a few weeks later. How did Wells Fargo thank me? A month later, they cut my credit in half again and made it $3,000.00.
This is the last straw. I borrowed a cash advance this year, in 2012, and paid it off in full, for $2,200.00, on Friday, June 22, 2012. I went online four days later to check my account, and, BAM!, I found that Wells Fargo chopped my credit card down to $1,000. This was so insulting that it is stupid. I am not staying with a bank where I borrow a total of $22,000.00 during a recession and pay it off each time within weeks of borrowing, just to watch them disrespect me. It is time to pull my money out and go elsewhere.
If they ever ask for another bailout from taxpayers again during my lifetime, then I will protest it at every turn. They are jerks and they do not deserve favors from American taxpayers and they don't deserve our business.
Never bounced a check have no checks, 18k in the bank, 3 years, car loan never missed a payment for 2.5 years or ever. Lending from this bank that took bailout money is predatory and higher than any others. The competence and lack of knowledge on their own companies policies feels like kindergardners talking about calculus. If you want excessive credit check (hard inquiries) and your time wasted on simple banking tasks that you must babysit to make sure the bank actually does it...good luck
I have to go to Wells Fargo Bank because my place of employment has an account there. Every time I go there with a deposit of a substantial amount I have to sit there and wait, sometimes 10-15 minutes while someone else is called to come to the window and "approve" it. We are putting money into the bank....not withdrawing it. The checks we are depositing come from other businesses for the most part and not from individuals. Either get someone working at the window who can "approve" large deposit amounts or have someone available in a reasonable amount of time, say within 4-5 minutes of being called. Not 10-15 minutes. Customer service at the Green St. branch in Fayetteville, NC is very much lacking.