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.
Be careful of the credit card you get from Wells Fargo. I have good credit may not be the best but after my promotion rate period was over Wells Fargo awarded me a 25.99% interest rate. According to them I might as well have filed for bankruptcy with in the last 7 years. And the best part they do not have to provide an explanation for there interest rate decision.
Attempted to close out accounts over 2 years ago. Even after getting what was supposedly my exact balances on that date, they left $1. 13 in an account. On 11/17/2014 i received a notice stating that in december 2014 they would begin charging me a $10. 00 monthly service fee. I called immediately and was told they had to reactivate my account to be able to close it. Told that it would take 2 business days, i called back on wednesday 11/19/14.
Not reactivated. Told to call back thursday 11/20/14 not reactivated. Told to call back friday 11/21/14. Not reactivated and i had been lied to so far. Nobody had submitted the reactivation request. I am so very tired of the moronic liars working for wells fargo. I have now been told to call back on 11/26/14. I hope wells fargo loses all of their customers!