Consumer reviews and reports on scam companies, bad products and services
Wells Fargo Preferred
Wells Fargo Preferred Program Schmoozes You Uut of Your Money a Little at a Time San Francisco, California
1st of Apr, 2011 by User635687
I was approached by Wells Fargo about the "Preferred Program." This program offered concierge-type services, and as incentive for joining, they offer a $100 dollar gift certificate that you can use toward the purchase of gift certificates for retailers like book stores and restaurants. What the representative does not tell you is that the $100 does not cover the cost of the gift certificates; it only gives you a percentage off the purchase of gift certificate for purchase on a Web site. So if you want to use your $100 certificate to purchase two $50 gift certificates for you favorite retailer, you must pay $80. Only $20 from your $100 certificate goes toward the purchase of the two $50 certificates. Confused yet? In other words, I would have to but about $500 in gift certificates in order to use the $100 incentive. To further complicate things, they offer you a free trial period. When you call to cancel, they tell you that you need to maintain your membership in order to use your $100 incentive gift. And it's ONLY $9.99 a month. Next thing you know, you've racked up $130 in charges for a service you cannot use for a $100 gift certificate that will cost you money to use! They automatically debit your checking account, so if you're not diligent, you'll miss it. This is definitely a scam to weasel more money out of consumers for a "service" that is of no value to the average person. I cannot believe that in a time when so many are struggling to make ends meet, that Wells Fargo would stoop to this level.

Post your Comment

Complaint Details

Get new code


Recently Updated Reports

132 days ago by thestoryofdianegerrish
goldendoodle world - goldendoodle world lake ridge kennels Vulgar,...
I just came across this page a few minutes ago. I am Sandra Johnson and although this page was...
356 days ago by freeinfofraud - Unable to withdraw funds
Bitky be Aware! Unable to withdraw money! Bitky idoes not allow you to withdraw your funds, do...
361 days ago by ned l.
Bi Polar Bullies - Bi Polar Bullies Kennel Karen Wolfe BUYERS BEWERE OF THIS...
thank you for bringing this to my name is Karen Wolfe, i'm the owner of...
362 days ago by ned l.
ServiceMagic ServiceMagic scams and cheats contractors...
Jason - I'm sorry to hear about your experiences with your leads recently. The leads that...

User Registration

Already a member? Log in now.
E-mail address
Get new code

User Registration

A confirmation email was sent to "".
To confirm your account, please click the link in the message.

If you don't see the email in your Inbox, please check your Spam box.

User Login

Not a member of Register now.
E-mail address
Forgot your password?
E-mail address
Loading, please wait...
Your password has been sent to the specified email address. Log in