• Report: #715741

Complaint Review: WELLS FARGO BANK

  • Submitted: Sat, April 09, 2011
  • Updated: Thu, April 14, 2011

  • Reported By: Ripped off in Utah — ALL Utah United States of America
WELLS FARGO BANK
UTAH ALL, Utah United States of America

WELLS FARGO BANK Charges non-account holders $5 to cash Payroll check drawn on bank ALL, Utah

*Author of original report: Thanks you guys

*Consumer Comment: 1981

*Consumer Comment: Double Dipping

*Consumer Comment: What is "not fair", or "taxing", etc.? Grow up.

*Consumer Suggestion: Why didnt the BANK tell her that???

*Consumer Comment: Can still have an account

*Consumer Comment: The correct way to handle this

*Author of original report: Wells Fargo

*Consumer Suggestion: Of course the best part-

*Consumer Comment: Hey Stupid, just open a bank account! Problem solved!

*Consumer Suggestion: A bank tried to charge me a small fee to cash a check once

*Consumer Comment: the truth of the matter

*Consumer Comment: Nothing wrong

*Consumer Comment: RIPPED OFF IN UTAH, WELLS FARGO HAS $17 BILLION IN 'SECRET LIFE INSURANCE POLICIES' ON ITS EMPLOYEES......

*Consumer Comment: Standard

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I think it is unconscionable that WELLS FARGO, an institution that received $25B in bailout money from U.S. taxpayers has the nerve to demand a $5 fee to cash a payroll check drawn on their bank.  What is this world coming to?  If this isn't illegal, it should be.  Our young people typically spend most if not all of their paychecks, providing stimulous to our economy, which large banks like WELLS FARGO helped to destroy.

This report was posted on Ripoff Report on 04/09/2011 08:14 AM and is a permanent record located here: http://www.ripoffreport.com/r/WELLS-FARGO-BANK/ALL-Utah-/WELLS-FARGO-BANK-Charges-non-account-holders-5-to-cash-Payroll-check-drawn-on-bank-ALL-715741. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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2Author 13Consumer 0Employee/Owner
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#1 Author of original report

Thanks you guys

AUTHOR: Ripped off in Utah - (United States of America)

I had so many negative comments I was starting to worry if I really was to dumb to live!
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#2 Consumer Comment

1981

AUTHOR: Robert - (USA)

I had an ATM card for 2 weeks in 1981 when BoA had 8 ATM machines in LA and only 4 of them worked.

I was stationed in Sacramento at the time.  In Sacramento, BOA would charge you $1 if you went in the bank and had a teller handle your deposit, withdrawl, or transfer between account.  All to encourage the use of the NEW ATM cards.

Also, during that sametime, the FDIC had rules that were different than today.  Back then, an FDIC insured bank COULD NOT charge a fee for cashing a check drawn against an account at the bank-didn't matter if the payee had an account or not.

Fees, fees, and more fees.
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#3 Consumer Comment

Double Dipping

AUTHOR: Cory - (U.S.A.)

Amazing how things change yet remain the same. You just have to go back in history. Years ago, people used cash, putting their money in cash, in the banks and getting their money IN CASH out of those banks. Then the banks convinced people that the banks would HONOR those things called CHECKS. The banks agreed to HONOR ALL checks AT FACE VALUE WITHOUT restrictions. Then some bank weenie comes up with the bright idea to charge "non-account holders" for the priviledge of cashing those checks. The rip off here is that the account holder has issued a check to an individual or company and has paid the bank through fees to HONOR and process that check. The bank WON'T process that check UNLESS the holder who happens to be a non-account holder pays the bank a $5 or whatever "processing fee. THAT is double dipping. The bank is charging BOTH parties for ONE transaction. It gets worse. Come the 80's. ATMs. The banks try and convince their customers that checks are obsolete and the ATM machine is gonna solve everyone's problem. The banks were actually PAYING people to use ATM's in the old days. Electronic transfers, save the trees. Then guess what. The same bank weenie came up with the idea that they could charge people to use an ATM. Then they come up with debit cards. BETTER then using an ATM machine AND no ATM fees. Guess what suckers? Last month Chase bank tested a program charging $5 PER MONTH for debit cards. I had an ATM card for 2 weeks in 1981 when BoA had 8 ATM machines in LA and only 4 of them worked. I get out enough cash to last me the week and thats it.
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#4 Consumer Comment

What is "not fair", or "taxing", etc.? Grow up.

AUTHOR: Steve - (USA)

The bottom line is as a parent, you suck!



Give your teenager some direction and some sound advice on how things work, and not to expect everything for free.



Banks cash checks for free for CUSTOMERS.

What part of NOT A CUSTOMER do you find confusing??



Simple solutions are abundant here, as previously noted.



Have your teenager open his own account.

Teen checking is free at almost every bank as it is considered a "student" account.



Have your teenager get direct deposit.

That is FREE also.



This is really so simple.

I cannot see the "rip off" here.

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#5 Consumer Suggestion

Why didnt the BANK tell her that???

AUTHOR: mr. rik - (USA)

If you ask me, going to two different branches to get a check cashed IS as RIPOFF!  Especially when it has THEIR OWN F'N NAME ON IT!

What are you saying Wells Fargo?  That your OWN name is NOT ANY GOOD even to YOU now?!!!

Quit trying to scam the public.  Or I may release even more nice ways to have fun at the bank!
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#6 Consumer Comment

Can still have an account

AUTHOR: patti - (United States of America)

Even minors can have a checking account.  I opened my first checking account when I started working at age 16.  Most banks even offer free checking.  If the minor child is old enough to work, they are old enough to have a bank account.  In fact, it's a good idea for them to have an account to help then learn financial responsibility.  As a parent, you can assist your child by teaching them how to properly manage their account.
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#7 Consumer Comment

The correct way to handle this

AUTHOR: coast - (USA)

You used the name "Ripped off in Utah" but now you admit you paid nothing.

Why didn't you have your minor child endorse the check, then you could endorse it, and then deposit it into your account? Then, you simply give the money to the child.
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#8 Author of original report

Wells Fargo

AUTHOR: Ripped off in Utah - (United States of America)

I made a general comment.  It was my minor child that I was referring to.  I have an account with Wells Fargo.  I was hastled about cashing his check. Then I was told about the fee to cash checks.  This is what I think is a ripoff.  We ultimately were able to cash the check without a fee, but to get that done required going to two different banks.To the moron who responded I was too stupid to live. None of us is too stupid to live.  I have a salaried job (thank God) in which I pay taxes.  I am one of the middle class that is supporting all the people that won't find work and think society owes them a living.  You didn't need to be so rude.

My distress is for the youth working their first part time jobs.  It is just another tax placed upon them.  Insisting that people under 18 get an account to cash a check at the bank the check is drawn on doesn't seem fair to me.  But, I should have thought about this before publicly posting this.  Life isn't fair and it is a lesson he is learning.
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#9 Consumer Suggestion

Of course the best part-

AUTHOR: mr. rik - (USA)

The best part is when I took a shiit in the night deposit box that night!

MESSY!
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#10 Consumer Comment

Hey Stupid, just open a bank account! Problem solved!

AUTHOR: Steve - (USA)

How stupid can you be??



You are a NON customer.The bank owes you NOTHING!!



Just common sense here.



You are too stupid to live.

Kill yourself now for the good of mankind.

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#11 Consumer Suggestion

A bank tried to charge me a small fee to cash a check once

AUTHOR: mr. rik - (USA)

So I took all their deposit envelopes and threw them all over the parking lot.
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#12 Consumer Comment

the truth of the matter

AUTHOR: Maxx Power - (USA)

>50% of the american public have a net federal tax liability at the end of the year. do u think thats fair? lm sure u do becuz you,re part of the nonpayers. So if you dont like it, start paying some taxes and then maybe you can b***h about the tsx dollars going to the banks.
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#13 Consumer Comment

Nothing wrong

AUTHOR: patti - (United States of America)

This is standard practice for a bank.  Why should they give a non-customer a service?  Banks are for profit businesses.  Is there any reason that you cannot have a bank account at the institution of your choice that you can either deposit your check to or cash it?
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#14 Consumer Comment

RIPPED OFF IN UTAH, WELLS FARGO HAS $17 BILLION IN 'SECRET LIFE INSURANCE POLICIES' ON ITS EMPLOYEES......

AUTHOR: Karl - (USA)

according to information available on the web.

Just 'Google' the following articles for proof-

BANK EXECUTIVES PROFITING ON THE DEATH OF EMPLOYEES
WELLS FARGO COMPLAINTS SECRET LIFE INSURANCE POLICIES

You can even stay at this site and type in 411913 and read Ripoff Report #411913 about the banks that have allegedly taken out around $120 Billion in these policies on their employes.

*You can also make copies of the above articles and pass them out to the employees at Wells Fargo the next time you go there. It would certainly create a lot of discussion between the bank employees, wouldn't you agree?

Good luck to you!
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#15 Consumer Comment

Standard

AUTHOR: Robert - (U.S.A.)

You said it yourself you are a NON-account holder, therefore you are not a customer.   This is pretty standard with just about every bank or credit union to charge a fee if you are not a customer.  Depending on the Bank/Credit Union they will charge you between about $3-$10.

If you don't want to pay them the fee you can open an account with them(which of course is what they want).  But you don't have to do that, there are other things you can do.

- Deposit the check in your account at another bank.  Since you are a customer of that bank there would be no fee.

- Go to a Check Cashing place and pay them their fee.  You will find that most fees vary from a flag rate to a percentage of the amount.  Most likely that fee is going to be the same or higher than the bank is charging.

- Go to a store like Walmart that will cash Payroll checks, depending on the amount they charge $3 or $6.

- Get your employer to do Direct Deposit, which of course would require you to open an account at some bank.

- Have your employer cash the check for you.
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