I filed a totally different complaint against Wells Fargo today .......but I started thinking about it and they have made me so angry Im going to complain about everything I find wrong or possibly illegal practices with Wells FARCEgo.
Has anyone who checks their account online daily notice that debit transactions and/or deposits appear and then disappear for sometimes; up to sometimes 5 business days? I think this is a trap for those of us who primary rely on our online account balances/statement by checking our transactions online.
For example......Three days ago, I purchased an item costing 99.00 online. The next day I checked my account to make sure the transaction posted and cleared. Sure enough there it was. But the next day my balance was higher than the day before (even though I hadn't made any deposits).....so I was like "HUH....what". Seems that debit transaction disappeared without a trace. Then I started wondering cuz Musicanfriend sent me an email stating my item had shipped ......and a company doesn't ship unless they got their money. Still......four days later its not there but the money to clear it is still there ........huh, scratch my head
Thinking about it.....and in the past. This sure would be a good way for Wells Fargo to trick someone into thinking they got money in their account that they really dont have .....cuz remember we rely on their statements to know our balances (for those of us who refuse to add and subtract on our little check book ledger ....i dont do that cuz my adding and substracting skills lack perfection)........so anyways, that sure seems to be a sneaking way for Wells to charge an overdraft fee cuz as soon as u make another debit .......boom, the other one posts back immediately and then your auto zapped a overdraft FEE. I seen it b4 ........I just finally realized it.
Why do the debits appear and then disappear until conviently applied??? Don't you think that is very misleading for those who rely on online banking? Can anyone explain?