I moved all my money out of WF. They were charging me a surcharge percentage to count my cash deposits. Counting money is a bank's core competency... isn't it? Yet, they were charging me a fee to count my cash deposits. I told them to fuck off.
But it get's worse. I went to two other large banks to open accounts. Both refused to give me checking accounts. Why? They said I had no credit. Keep in mind I was moving quite a large amount of money there. I have not borrowed money in 30 years. I haven't had any debt for 25 years. I haven't used credit cards in 20 years. So they pull my credit and I have none.
So here is the logical conclusion. If you achieve the end-game of not needing to borrow money, no need to finance, no need for credit cards... you will not be rewarded. Instead you will be penalized.
I moved all my money out of WF. They were charging me a surcharge percentage to count my cash deposits. Counting money is a bank's core competency... isn't it? Yet, they were charging me a fee to count my cash deposits. I told them to fuck off.
But it get's worse. I went to two other large banks to open accounts. Both refused to give me checking accounts. Why? They said I had no credit. Keep in mind I was moving quite a large amount of money there. I have not borrowed money in 30 years. I haven't had any debt for 25 years. I haven't used credit cards in 20 years. So they pull my credit and I have none.
So here is the logical conclusion. If you achieve the end-game of not needing to borrow money, no need to finance, no need for credit cards... you will not be rewarded. Instead you will be penalized.
Insane.