Aside from the fact that this bank is run by thieves and criminals, WF high yield savings accounts are paying absolute trash compared to other FDIC institutions. Must have 1m to get 1.98%. Seriously?
Balance Standard Interest Rate Annual Percentage Yield (APY) Relationship Interest Rate Relationship APY3
$0 - $99,999.99 0.25% 0.25% 0.26% 0.26%
$100,000 - $499,999.99 1.00% 1.01% 1.01% 1.02%
$500,000 - $999,999.99 1.49% 1.50% 1.50% 1.51%
$1,000,000 or more 1.98% 2.00% 1.99% 2.01%
and they will cut your credit line, raise your interest rate, and mess up your accounts. the big banks are raking in the money while the getting is good. making up for inflation.
I have never banked with WF and never will. Once I saw how QA tested in production looking up everyone's accounts they could think of, I swore I would never bank with them. Also, the one low life QA manager from a long time ago took one of my BofA checks and had her team using it in the lab to test off-us checks. She fit in well with the rest of the criminals.
Money market funds from Federated, Goldman Sachs, Morgan Stanley, Fidelity pay over 4%.
Move your money around, it takes very little effort.
only criminal enterprise is the CFPB
@xgp+1kieKyoI. The last part of your post tells me everything I need to know. You're still looking for branches. Branches are going away because brick and mortar costs too much to rent/maintain.
I've been saying to get your money out of WF for a long time. I don't care if you get the exact same rate somewhere else, FVCK WF.
With non competitive rates, horrible service, and other LOBs are similar I'm sure, how does this bank make billions a year?
Absolutely no one beats USAA
Anyone that banks with the Illuminati without using it to their advantage is a fool.
I do credit unions, but moved a good chunk to Synchrony bank, current rate is 3.75%.
Post ID: @xgp+1kieKyoI
You’re Wells Fargo’s target customer. Too busy to pay attention, not enough money to care and/or not educated enough about finances to know better.
there are a number of banks offering 4%+ interest on savings.
No different than BAC, JPM, etc. Pretty simple to use Wells for almost everything but high yield savings
Mortgage upped their late fee from $35 to $99+.
stop crying, just bank some where else. I use WF because its easy to find a branch when i need too. The rates are all about the same.