Comments on: Free is Good. Required Minimum Balances, Notsomuch. http://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html mommy blogger Thu, 09 Feb 2012 03:31:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Abbyhttp://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html#comment-35017 Abby Sun, 31 May 2009 00:26:33 +0000 http://www.musingsofahousewife.com/?p=8537#comment-35017 SO funny that you posted this today, as we just had a horrible experience with Wachovia yesterday. We've been banking there for years with no problems until last night. My husband checked our account online, and noticed six charges to Cricket Communications. Great, except we don't have Cricket, and never had. So we called Wachovia and explained that someone must have gotten a hold of our card number, and the charges were fraudulent. Well, wouldn't you know? They refused to remove the charges AND the resulting insufficient fund charges. Fantastic. So, we fought with them on the phone for two hours to no avail. Now we're left with over $400 missing from our account, plus the NSF charges. Baloney. Needless to say, we will be changing banks as soon as our account is straightened out. SO funny that you posted this today, as we just had a horrible experience with Wachovia yesterday. We’ve been banking there for years with no problems until last night. My husband checked our account online, and noticed six charges to Cricket Communications. Great, except we don’t have Cricket, and never had. So we called Wachovia and explained that someone must have gotten a hold of our card number, and the charges were fraudulent. Well, wouldn’t you know? They refused to remove the charges AND the resulting insufficient fund charges. Fantastic. So, we fought with them on the phone for two hours to no avail. Now we’re left with over $400 missing from our account, plus the NSF charges. Baloney. Needless to say, we will be changing banks as soon as our account is straightened out.

]]> By: Adventures In Babywearinghttp://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html#comment-35016 Adventures In Babywearing Sat, 30 May 2009 22:30:39 +0000 http://www.musingsofahousewife.com/?p=8537#comment-35016 Oh gosh- such is life!!!! So glad all is worked out. And hey- I'm commenting here finally from my NEW LAPTOP! Steph Oh gosh- such is life!!!!

So glad all is worked out. And hey- I’m commenting here finally from my NEW LAPTOP!

Steph

]]> By: Michellehttp://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html#comment-35013 Michelle Sat, 30 May 2009 14:18:14 +0000 http://www.musingsofahousewife.com/?p=8537#comment-35013 Someone was trying to upsell you for their benefit not yours. I worked in banking before and they get paid based on what they sell. Bad customer service. I would complain about the person who set up your account if you didn't already. Someone was trying to upsell you for their benefit not yours. I worked in banking before and they get paid based on what they sell. Bad customer service. I would complain about the person who set up your account if you didn’t already.

]]> By: Will Blog For Shoeshttp://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html#comment-34966 Will Blog For Shoes Fri, 29 May 2009 03:29:54 +0000 http://www.musingsofahousewife.com/?p=8537#comment-34966 I *heart* banks. NOT! I *heart* banks. NOT!

]]> By: sarihttp://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html#comment-34949 sari Thu, 28 May 2009 13:34:00 +0000 http://www.musingsofahousewife.com/?p=8537#comment-34949 I have been with my bank for probably 20 years and I recently got a letter saying that if I didn't have a minimum balance of $_X_ in my account every month they were going to charge me $12 per month, regardless of automatic deposits or whatever previous thing we had set up. I was so mad I took the stupid letter into the bank and was fully prepared to leave! But the girl said "Oh, that's just a form letter that went out to everyone, it doesn't apply to you, you don't have that kind of account." If I don't have that kind of account, why did you send it to me? This is why the banks aren't doing well. How much money are they wasting (and time) with all of this when they can check who has what kind of account and tailor their information that way??? Burns me up. I have been with my bank for probably 20 years and I recently got a letter saying that if I didn’t have a minimum balance of $_X_ in my account every month they were going to charge me $12 per month, regardless of automatic deposits or whatever previous thing we had set up.

I was so mad I took the stupid letter into the bank and was fully prepared to leave! But the girl said “Oh, that’s just a form letter that went out to everyone, it doesn’t apply to you, you don’t have that kind of account.”

If I don’t have that kind of account, why did you send it to me? This is why the banks aren’t doing well. How much money are they wasting (and time) with all of this when they can check who has what kind of account and tailor their information that way??? Burns me up.

]]> By: Nap Wardenhttp://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html#comment-34942 Nap Warden Thu, 28 May 2009 03:12:10 +0000 http://www.musingsofahousewife.com/?p=8537#comment-34942 Holy crazy Batman! Holy crazy Batman!

]]> By: Megan (mommyesquire)http://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html#comment-34938 Megan (mommyesquire) Thu, 28 May 2009 02:34:54 +0000 http://www.musingsofahousewife.com/?p=8537#comment-34938 Wells Fargo bought Wachovia. I don't think that my checking account has ever had $4000 in it. I can think of lots of ways to spend that amount though! Wells Fargo bought Wachovia. I don’t think that my checking account has ever had $4000 in it. I can think of lots of ways to spend that amount though!

]]> By: Heidi @ ggiphttp://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html#comment-34937 Heidi @ ggip Thu, 28 May 2009 02:32:40 +0000 http://www.musingsofahousewife.com/?p=8537#comment-34937 Wow, that is really ridiculous. Reminds me of my insurance, except when the insurance says they fixed something, they really never did... Wow, that is really ridiculous. Reminds me of my insurance, except when the insurance says they fixed something, they really never did…

]]> By: Lois Christensenhttp://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html#comment-34936 Lois Christensen Thu, 28 May 2009 02:28:49 +0000 http://www.musingsofahousewife.com/?p=8537#comment-34936 Wells Fargo bought Wachovia. That's our bank as well. Loved your honesty about spending all the money if your account every had that much money in it!! Wells Fargo bought Wachovia. That’s our bank as well. Loved your honesty about spending all the money if your account every had that much money in it!!

]]> By: Danahttp://www.musingsofahousewife.com/2009/05/free-is-good-required-minimum-balances-notsomuch.html#comment-34934 Dana Thu, 28 May 2009 02:09:53 +0000 http://www.musingsofahousewife.com/?p=8537#comment-34934 I've been banking with Wachovia for years without problems until the past year or so when the buy-out talks began (and Wells Fargo purchased them). My husband and I started another savings account in addition to our other accounts w/ Wachovia. Each month we asked they automatically transfer a certain $ amount from one existing account into this new savings account. Now, for the past 9 months, they transfer the set amount of money into the account on the 1st of the month- only to transfer it right back out into our other account on the 5th of the month. We have called several times trying to figure this out, and though we're promised its been fixed, it never is. We've given up and will be closing that account. To make it even more frustrating, the bank sends my parents (???) our bank statement for that account even though I haven't lived with them in years (and my husband never has) and obviously the address on our Wachovia accounts is the address of my husband and I. I’ve been banking with Wachovia for years without problems until the past year or so when the buy-out talks began (and Wells Fargo purchased them). My husband and I started another savings account in addition to our other accounts w/ Wachovia. Each month we asked they automatically transfer a certain $ amount from one existing account into this new savings account. Now, for the past 9 months, they transfer the set amount of money into the account on the 1st of the month- only to transfer it right back out into our other account on the 5th of the month. We have called several times trying to figure this out, and though we’re promised its been fixed, it never is. We’ve given up and will be closing that account. To make it even more frustrating, the bank sends my parents (???) our bank statement for that account even though I haven’t lived with them in years (and my husband never has) and obviously the address on our Wachovia accounts is the address of my husband and I.

]]>