Believe this…
Kris and I were just talking about the new regulations from the Government to stop banks from over charging….Setting amounts that banks can charge us for services. We had joked that the banks are going to get it one way or another from all of us that have to use the banking system.
Handouts from the Treasury can only go so far…
We received an email today from Wells Fargo telling us to say good-by to our reward points…going…going…gone in October.
Due to recent regulatory changes resulting in a significant reduction in fees retailers pay banks for debit card transactions, Wells Fargo is making the following rewards program changes effective October 8, 2011.
Hmmm, wonder what creative new charges we will see in the months to come? Just think about all those homes that are sitting in default all over the United States. In one way or another…we’ll pay.