Wells Fargo Preferred Checking – My “New” “Free” Checking Account

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I've enclosed the words new and free with quotation marks because this account is not actually new and while it does not have a monthly fee, it does require that I transfer at least $100 each month into my savings, so it's not really free either.  Well, with regards to actual money it is free, but there is an action tied to it that must occur each month, or I will be changed a fee.  I can move that money… Read the rest
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Switching Checking Accounts – I Changed My Mind

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A couple of weeks ago I told you about how Wells Fargo is eliminating free checking accounts and how I planned to close my account and start with a different one.  I did not receive notice that this was happening until one day when I was doing my banking the teller let me know.  I'm glad she said something, but somewhat frustrated that I'd not received notice by any other source like snail mail or email.  At any rate thankfully… Read the rest

Time Again for Purchasing Auto Insurance

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It's already that time again… six months has passed since we renewed our auto insurance and it's time to do that again. I hope one day to be in a position where I can buy auto insurance for one year at a time. But in the meantime, renewing every six months prompts me to check around for the best insurance rates. This time I checked through Costco and through Go Insurance Rates. Unfortunately, both companies were unable to give me… Read the rest

How To Close A Checking Account You’ve Been Using For Years

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Yesterday I told you how Wells Fargo has decided to do away with free checking; at least the account I've had for about twenty years will no longer be free unless I meet certain criteria: 1) Set up a direct deposit of $100 or more 2) Maintain a daily balance of $1500.  Since neither of those will work for me, and I've got way too many accounts to track, I've decided to close the account. I've actually considered doing this… Read the rest