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(Reuters)   To protect itself from being killed, Wells Fargo unveils millennial-friendly banking app that features new account creation and avocado-cronut budgeting features. $elfie$   ( reuters.com) divider line
    More: Obvious, Wells Fargo, Bank of America, Bank, Wells Fargo customers, Credit card, Aaron Burr, bank account app, Banking  
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464 clicks; posted to Business » on 08 Nov 2017 at 9:50 AM (2 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



10 Comments     (+0 »)
 
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2017-11-08 09:43:44 AM  
Well, if there's one thing Wells Fargo knows, it's new account creation. Amirite?
 
2017-11-08 09:45:59 AM  
Surprise! Wells Fargo has already created you an account and installed it onto your phone and look, you owe them $10 plus late fees.
 
2017-11-08 10:10:42 AM  
does not allow for overdrafts.

Prepare for the ATM fees to go up, overdrafts are a much loved revenue source.
 
2017-11-08 10:27:59 AM  
Meh, people are willfully stupid, and they like it when large companies fark them over, the big banks will survive no matter what stupid shiat they pull.
 
2017-11-08 11:10:29 AM  
Wells Fargo unveils app aimed at millennials

And this millennial is aiming something in return.


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2017-11-08 11:18:44 AM  
If you do business with Wells Fargo, you're part of the problem. They're actually running commercials about how they'll call customers if there's suspicious account activity. I wonder if that service includes when the suspicious activity is from WF itself.
 
2017-11-08 11:21:30 AM  
Am i the only person to have had 0 issues with them? Its been 4+ years and they have been actually pretty good. Now i would never get a car loan from them because my inlaws go to a credit union that we cant get into because of where we live. The credit unions near us have only 1 or 2  locations and all get lousy ratings.
 
2017-11-08 12:20:41 PM  
mcmnky

If you do business with Wells Fargo, you're part of the problem. They're actually running commercials about how they'll call customers if there's suspicious account activity. I wonder if that service includes when the suspicious activity is from WF itself.

Or how long before people start calling Wells Fargo customers pretending to be the bank.
 
2017-11-08 04:28:52 PM  

eagles95: Am i the only person to have had 0 issues with them? Its been 4+ years and they have been actually pretty good. Now i would never get a car loan from them because my inlaws go to a credit union that we cant get into because of where we live. The credit unions near us have only 1 or 2  locations and all get lousy ratings.


17 years (they bought the bank I was using), no problems.  Home mortgage was cheaper than the inlaw's credit union, and I can manage that with my other accounts at WF.

/Of course, I watch things like a hawk.
 
2017-11-08 07:24:27 PM  

Random Anonymous Blackmail: mcmnky

If you do business with Wells Fargo, you're part of the problem. They're actually running commercials about how they'll call customers if there's suspicious account activity. I wonder if that service includes when the suspicious activity is from WF itself.

Or how long before people start calling Wells Fargo customers pretending to be the bank.


I had exactly this from Wells Fargo, back when I used them. They call me out of the blue one day and say "this is your credit card company; there's suspicious activity on your account; can we have your account number so we can verify this is you?" I simply hung up, sure it was a scam.

Then, the next time I go to use my card, it was declined. I call morons to find out why. "Oh yes, there was suspicious activity on you account. We tried to call you, but didn't get a confirmed response. So we blocked your card." It had actually been them.

To this day, decades later, with Wells Fargo a distant memory, I still get calls from random Nigerians who can apparently barely speak English, trying the same opening line. Apparently it works often enough to make a profit, since there's no way to tell the real calls from the fake calls.

Bonus: Bank of America did precisely the same thing.
 
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