Gah, stupid mistake

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A

amol

Lifer
Jul 8, 2001
11,680
3
81
I needed $20 cash to buy some food yesterday, so I ran down to the bank and withdrew some money . . . only thing was that I drew it from my savings account (instead of checking) and I had already met my limit on withdrawals for january (and it was the LAST DAY of the month too!)

got slapped with $70 fine from wells fargo . . . :(

that's one expensive lunch
 
U

UlricT

Golden Member
Jul 21, 2002
1,966
0
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its the memories that matter... not what you spent

too bad it wasnt anything special :p
 
jlee

jlee

Lifer
Sep 12, 2001
48,518
223
106
..you have a limit on withdrawals?

Find another bank..

Edit: I'm assuming that my bank doesn't have a limit..then again, I probably don't have enough money to reach it anyway. :p
 
A

amol

Lifer
Jul 8, 2001
11,680
3
81
its not a monetary limit, im only allowed 3 withdrawals a month

i made 2 within the first 6 days of the month, then one on the 18th

i forgot that yesterday was 1/31, not 2/1

the worst part is, the $70 fine dropped me under $0, so they tacked on ANOTHER $40 in checking fees or something

good thing i always leave a little bit of $$ at home, i sped to the bank and deposited it
 
Koing

Koing

Elite Member <br> Super Moderator<br> Health and F
Oct 11, 2000
16,843
2
0
HARSH...

I have a 'daily' limit with my card in the ATM's of £250 but this is to stop people stealing more money. I can get more by just going in to the bank. No limits for me in England.

Koing
 
A

amol

Lifer
Jul 8, 2001
11,680
3
81
it could be because i just opened the account in november . . .

but still, $70?! +40?!?! that's way too much
 
A

amol

Lifer
Jul 8, 2001
11,680
3
81
Originally posted by: ArmenK
Why do you take that crap from your bank? CHANGE BANKS.
Click to expand...

that's what i'm going to do, i have had a bank of america account (savings) since 2002 and they treat me with RESPECT (i'm only a h.s. sophomore, in the middle of buying new parts for a new computer, you can tell what $110 fine is going to do)

i would call them, but it costs $2 that i dont want to pay =/
 
S

SuperPickle

Golden Member
Nov 1, 2001
1,256
0
0
Originally posted by: Amol
Originally posted by: ArmenK
Why do you take that crap from your bank? CHANGE BANKS.
Click to expand...

that's what i'm going to do, i have had a bank of america account (savings) since 2002 and they treat me with RESPECT (i'm only a h.s. sophomore, in the middle of buying new parts for a new computer, you can tell what $110 fine is going to do)

i would call them, but it costs $2 that i dont want to pay =/
Click to expand...
You don't want to pay the $2 to call, but are willing to take the $70 fee in the tailpipe? I'd think the $2 is a reasonable gamble to possibly get your fee back.

But hey - perhaps you aren't a betting man...
 
A

amol

Lifer
Jul 8, 2001
11,680
3
81
Originally posted by: SuperPickle
Originally posted by: Amol
Originally posted by: ArmenK
Why do you take that crap from your bank? CHANGE BANKS.
Click to expand...

that's what i'm going to do, i have had a bank of america account (savings) since 2002 and they treat me with RESPECT (i'm only a h.s. sophomore, in the middle of buying new parts for a new computer, you can tell what $110 fine is going to do)

i would call them, but it costs $2 that i dont want to pay =/
Click to expand...
You don't want to pay the $2 to call, but are willing to take the $70 fee in the tailpipe? I'd think the $2 is a reasonable gamble to possibly get your fee back.

But hey - perhaps you aren't a betting man...
Click to expand...

good point, i'm calling them right now . . .
 
A

amol

Lifer
Jul 8, 2001
11,680
3
81
well, i just called wells fargo and they took the $40 fee off . . .

turns out that every time i TRANSFER money between the accounts, that counts as one of my 6 allowed transactions . . .

oh well, guess i'll won't make the same mistake next time

thanks, superpickle, i saved $38 because of you :)
 
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HonkeyDonk

Diamond Member
Oct 14, 2001
4,020
0
0
why the hell does it cost $2 to call up your own bank? And if I ever made an honest mistake like what you did, I wouldn't just accept the fine, I'd go to the bank and talk to them about it and see if they could waive the fee. It's ridiculous that they would charge so much for a fee, but it's even more ridiculous that you're just letting them give it to you up the ass.
 
S

SuperPickle

Golden Member
Nov 1, 2001
1,256
0
0
Originally posted by: Amol
well, i just called wells fargo and they took the $40 fee off . . .

turns out that every time i TRANSFER money between the accounts, that counts as one of my 6 allowed transactions . . .

oh well, guess i'll won't make the same mistake next time

thanks, superpickle, i saved $38 because of you :)
Click to expand...

:high-five; :beer:
 
S

SuperSix

Elite Member
Oct 9, 1999
9,872
2
0
Wells Fargo has and always will be a huge shiat-stain on the banking community. NO customer service whatsoever.
 
A

amol

Lifer
Jul 8, 2001
11,680
3
81
yeah, im going to switch fully to bank of america soon, wells fargo doesn't care about customers that have < $2000
 
kranky

kranky

Elite Member
Oct 9, 1999
21,019
156
106
There is a federal regulation (Regulation D) that limits you to six transactions per month from certain savings and money market accounts. It would be the same at any bank.
 
A

amol

Lifer
Jul 8, 2001
11,680
3
81
Originally posted by: kranky
There is a federal regulation (Regulation D) that limits you to six transactions per month from certain savings and money market accounts. It would be the same at any bank.
Click to expand...

so then it isnt wells fargo problem . . . i just got an email saying that
 
DrPizza

DrPizza

Administrator Elite Member Goat Whisperer
Mar 5, 2001
49,601
167
111
www.slatebrookfarm.com
Originally posted by: Amol
Originally posted by: kranky
There is a federal regulation (Regulation D) that limits you to six transactions per month from certain savings and money market accounts. It would be the same at any bank.
Click to expand...

so then it isnt wells fargo problem . . . i just got an email saying that
Click to expand...

But... that fee is wells fargo's fault... My bank charges a $1 fee... I was irate about it until I found out it was a federal regulation. (wtf kind of rule is that?!)

My debit card is tied to my checking account - without the pin, you can't touch my savings..
So, if the card is lost/stolen, my risk is limited to cash in checking account.
I was regularly transferring money back and forth to limit my risks... got slapped on the wrist for it (which pissed me off) Still, their letter was so rudely phrased that I'm probably going to switch banks anyway.
 
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