A few Months ago Citibank wanted to charge customers a $5 fee for debit cards. A Change.org petition got them to change their mind, hopefully this petition can stop Wells Fargo from doing the same with free checking accounts.
We originally opened a free checking account with Wachovia before Wells Fargo bought them. Now I am reading that they plan on charging a $7 monthly fee to new and existing accounts unless we meet their requirements. In today's economy every dollar counts.
Let's say NO to this new fee!
this will only take effect in 6 states for now, however they plan to do it for all states eventually.
According to The Associated Press Wells Fargo customers in Florida who had free checking accounts will pay $7 a month starting in May.
Customers can avoid the fee by keeping a minimum balance of $1,500 or making direct deposits of at least $500 a month. They can also get a $2 break on the fee by opting for online statements.
According to a press release, Wells Fargo hasn’t offered free checking to new customers since 2010.