Debit vs. Credit Cards

[Tinhack]

Discover has similar deals with as high as 5% on certain purchases. I've carried their card since 1989.

Same here but 1986. I don't much care for their "register for rebate" program though. Every few months, it's a different business area like groceries, movies, gas and now travel. They tend to overlap but I don't keep track of it. That's probably why they do it that way.

 

[two_bit_score]

Same here but 1986. I don't much care for their "register for rebate" program though. Every few months, it's a different business area like groceries, movies, gas and now travel. They tend to overlap but I don't keep track of it. That's probably why they do it that way.

That is exactly why they do it that way. I don't have time to keep up with these temporary, limited time offers or offers only on certain things for a limited time, or only up to a certain amount. I like the WF card that gives 2% cash back on everything, unlimited.

 

[Torvy]

That is exactly why they do it that way. I don't have time to keep up with these temporary, limited time offers or offers only on certain things for a limited time, or only up to a certain amount. I like the WF card that gives 2% cash back on everything, unlimited.

But then you are in business with Wells. No thanks.

 

[MossRoad]

But then you are in business with Wells. No thanks.

Read the Wiki page on Wells Fargo and go to the Lawsuits, fines, and controversies section. There's a note that says "This section may be too long to read and navigate comfortably"

Here's a partial list:

1981 MAPS Wells Fargo embezzlement scandal

Higher costs charged to African-American and Hispanic borrowers

Failure to monitor suspected money laundering

Overdraft fees

Settlement and fines regarding mortgage servicing practices

SEC fine due to inadequate risk disclosure

Lawsuit by FHA over loan underwriting

Lawsuit due to premium inflation on forced place insurance

Lawsuit regarding excessive overdraft fees

Violation of New York credit card laws

Tax liability and lobbying

Prison industry investment

Discrimination against African Americans in hiring

SEC settlement for insider trading case

Wells Fargo fake accounts scandal

Racketeering lawsuit for mortgage appraisal overcharges

Financing of Dakota Access Pipeline

Failure to comply with document security requirements

Doing business with the gun industry and NRA

Discrimination against female workers

Overselling auto insurance

Failure to Supervise Registered Representatives

Steering customers to more expensive retirement accounts

Alteration of documents

Executive compensation

Fine due to consumer banking violation

 

[two_bit_score]

But then you are in business with Wells. No thanks.

I guess if having a couple accounts with a bank makes one "in business" with that bank I am but it's not what I would call it.
You can keep grubbing for pennies from those other cards if that makes you feel better.

 

[two_bit_score]

Doing business with the gun industry and NRA

I would expect it from you that this would be something to hold against a bank. LOL You must like the anti-gun policies of some other financial institutions.

I always knew there was something wrong with you. LOL

Sorry WF must have rejected you for a loan or something. LOL

 

[MossRoad]

I would expect it from you that this would be something to hold against a bank. LOL You must like the anti-gun policies of some other financial institutions.

I always knew there was something wrong with you. LOL

Sorry WF must have rejected you for a loan or something. LOL

I didn't write the article. I quoted everything that was in it, good or bad, if I agreed with it or not. It's facts.

I've been a gun owner since I was 14 and support the 2nd amendment.

Doing business with Wells Fargo after all of the problems that came up with them in the past (read the news or the list above) isn't an option for me. Something about morals gets in the way.

As for the NRA subject, even their own CEO says they're winding down their business with them, as are several other major banks.

Wells Fargo's relationship with NRA is 'declining': CEO

Wells Fargo & Co's <WFC.N> relationship with the National Rifle Association (NRA) is "declining," Chief Executive Charles Scharf told investors on Tuesday.

www.reuters.com

 

[two_bit_score]

As for the NRA subject, even their own CEO says they're winding down their business with them, as are several other major banks.

Now you are just trying to dig yourself out of your hole. You may own a gun but just owning one doesn’t make you pro 2A. But, asserting that a bank is a bad business because they “do business with the gun industry“ absolutely anti-2A in my opinion, which I believe you to be.

Besides, your source was the “unimpeachable“ Wikipedia which, again, shows how dumb you are.

 

[MossRoad]

If you'd have comprehended what I said, you'd know I didn't write the article, nor did I assert anything. What I said was I am morally obligated to not do business with Wells Fargo due to things they've done in the past. You're the person picking which things you think I'm opposed to. And you picked the one thing that bothers me the least in that list.

My father was, among other things, a small arms firearms instructor in WWII. He taught me basic gun safety, and sent me to a Boy Scout camp to learn from a retired Army gentleman. From that point on, I was hooked.

I currently own 6 modern working firearms and several antiques that don't function. I used to shoot competitively and was once ranked 38th in the nation by the NRA for ages 17 and under in small-bore rifle 50' range.

I've taught my wife and my children gun safety and how to operate our firearms. I think everyone has the right to defend themselves within reason. Felons. Nope. Child molesters. Nope. Domestic violence perpetrators. Nope. Perfectly reasonable stuff.

 

[Torvy]

Ignore the idiotic 'scandals' of financing industries that were not favored by whomever posted the wiki. There are a bunch of real scandals, illegal and unethical behavior by Wells that doing business with them would make me complicit in their malfeasance.

Wells deals are not significantly better than many of these deals. The key on the cash back programs is to find one that fits your lifestyle.