Consumer reviews and reports on scam companies, bad products and services
Wellsfargo More Overdraft Fee SCAMS Brooklyn Park, Minnesota
16th of Dec, 2010 by User785834
You would think that after the passage of the recent overdraft protection legislation the banks would get it but that doesn't seem to be the case with Wellsfargo. We went in and made sure that we wouldn't be covered by their "overdraft protection service" (aka "we want to continue to be able to charge you overdraft fees"). Unfortunately we recently received another fee for an overdraft caused by a credit card auto payment that was set up on our account. When I called about it we were informed that "existing auto drafts aren't covered" by the legislation (and of course no one at the bank bothered to inform us or check on that when we were assured we wouldn't be getting anymore overdraft fees).

When I complained about that, one of their supervisors (Jeremy) argued with me essentially telling me that "it's in the debit card agreement we mailed out". Yeah that multi page pamphlet filled with tiny legalease print. This is just another way that the banks hope to keep STICKING IT to consumers by dishonestly shading the truth and neglecting to fully disclose things to their advantage.

Here's to Wellsfargo leading the charge in continuing to scam consumers with their fees!

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