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Pros. Cons. Wells Fargo’s 4,000 branches, 11,000 ATMs, and optimum mobile banking app provide easy access to funds. Its $35 overdraft fee is expensive
What to look for: The Wells Fargo checking account does have a monthly fee of $10, but there are multiple ways to waive it. This account offers solid online banking and access to over 5,000 ...
Cons: $2.50 fee per transaction at out-of-network ATMs. Can only deposit cash at partner locations, such as Walmart and 7-Eleven 6. What to look for: You can deposit cash at Walgreens for free ...
In August 2010, Wells Fargo was fined by United States district court judge William Alsup for overdraft practices designed to "gouge" consumers and "profiteer" at their expense, and for misleading consumers about how the bank processed transactions and assessed overdraft fees. In May 2013, Wells Fargo paid $203 million to settle class-action ...
The Wells Fargo cross-selling scandal was caused by creation of millions of fraudulent savings and checking accounts on behalf of Wells Fargo clients without their consent or knowledge due to aggressive internal sales goals at Wells Fargo. News of the fraud became widely known in late 2016 after various regulatory bodies, including the Consumer ...
Wells Fargo. Over 11,000. $2.50. $5 ... according to Bankrate’s 2023 checking account and ATM fee study. The amount is the sum of two numbers: the average fee that a bank charges its customers ...
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