Wells Fargo Credit Card Complaint

Late fee

Wells Fargo Credit card department,

Late fee Colorado

I have a business credit card with Wells Fargo bank. - this year they have held my payment until it was past due and then charged me a late fee and finance charges. The statements in question were due on -/-/2015 and paid on -/-/2015 and -/-/2015 and paid on -/-/2015. On both occasions I called and complained because it appears the payment I make are being held until the - of each month, before they process them and I am told on - occasions that is when they were received. I live in - and the processing for Wells Fargo is in - -. Mail service generally takes 3 days for delivery between - and the -, yet some how no matter when I send the payment it is not processed until the - of the month. Wells Fargo has denies any wrong doing, but has refunded the late fees, but refuses to refund the finance charges of $3.00 and $1.00 from these - incidences. I have had enough of this banks practices and hope your agency will look into these questionable practices. They have told me I could give them access to my checking account so they can make direct withdrawl of funds or I can pay the bill at one of their banks, but they do not recommend sending a check through the mail anymore. I should not have to go out of my way to make these payments because of their practices of holding payment checks until the - of the month even though it was sent in plenty of time before due. I have - accounts with Wells Fargo and I am going to seriously consider changing banks after 20 years of banking with them.

Wells Fargo customer in Colorado
Sep 28, 2015

* Source: CFPB Complaint Database

Wells Fargo response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Wells FargoComplaint HistoryComplaints12/20111/20122/20123/20124/20125/20126/20127/20128/20129/201210/201211/201212/20121/20132/20133/20134/20135/20136/20137/20138/20139/201310/201311/201312/20131/20142/20143/20144/20145/20146/20147/20148/20149/201410/201411/201412/20141/20152/20153/20154/20155/20156/20158/20159/201512/20151/20162/201602.557.51012.515Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Wells FargoLate fee25.3%49.5%2.6%21.1%1.6%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLate fee0.0%3.0%2.8%7.6%0.6%52.7%32.9%0.4%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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http://www.wellsfargo.com/
(866) 249-3302
john.shrewsberry@wellsfargo.com
420 Montgomery St Frnt
San Francisco CA 94104
Wells Fargo
Wells Fargo

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