Usacomplaints.com » Business & Finance » Complaint / Review: Wells Fargo, N.A - Exorbitant Overdraft Fees, for 5 checks, Extortion Ripoff. #221366

Complaint / Review
Wells Fargo, N.A
Exorbitant Overdraft Fees, for 5 checks, Extortion Ripoff

I have been a Wells Fargo customer since 2004. I have enjoyed a very amiable relationship with them up until this month. Due to an error at an ATM, I thought I had more money in my account than I actually had. $390 more, according to my register.

According to Wells Fargo, my deposit was lost. As a result, 5 checks I wrote bounced. Again, and again, they bounced. Til now, even with another $210 in deposits (twice the entire amount of all checks) I still owe $861.33 in overdraft fees. Being on a fixed income (and they KNOW this, since my Social Security is Direct Deposited), I would be broke for 3 months trying to pay this off with no rent money, food money, or medication money. Such obnoxious amounts of overdraft fees ought to be criminal. Especially when I have tried for an entire week to get them to remove some of the $700 in fees, which they flatly refuse to do. This is not good customer rentention policy. I dont want to have to switch banks, but it seems I may have to. I like Wells Fargo, I just dont like what they are doing to me.


Offender: Wells Fargo, N.A

Country: USA   State: Illinois   City: Moline
Phone: 8008693557
Site:

Category: Business & Finance

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