BajaNomad

Wells Fargo or US Bank?

Travelinleah - 5-2-2014 at 07:17 PM

I live in a small town and only have these 2 banks for tenants to deposit rent into for me to draw on in Mexico, say Loreto or La Paz, what bank fees will I incur and is it even possible to use either of these debit cards there in MX? Thanks!

BajaBlanca - 5-2-2014 at 07:23 PM

I use wells fargo and it works fine here, probably US will too. Don't remember the charges, sorry.

tjsue - 5-3-2014 at 12:55 AM

Wells Fargo is horrible. I have an account with US Bank and have no problems with them at all.

DavidE - 5-3-2014 at 09:02 AM

I've been enduring "horrible" for 22-years.Wells Fargo is a strict bank. They do not like overdrafts.

Their non Wells Fargo transaction fee is $5.00 per.

Their online service customer assistance has my highest possible rating. The folks who answer my secure messages act FAST and with authority.

Someone found an old check of mine, how I do not know. They tried to clean out the account. Wells sent me an emergency email. I told them it was fraudulent. They told the customer to "come back tomorrow". They did - into the waiting arms of the Police.

JZ - 5-3-2014 at 09:08 AM

Wells Fargo is a great bank OP.

bajaguy - 5-3-2014 at 09:12 AM

If you can, try with a local or community credit union........when you are nob you can actually talk to a real person, and they have better customer service.

durrelllrobert - 5-3-2014 at 09:57 AM

Wells Fargo is fine for me. Even with their $5 per ATM withdrawal fee and the local commission of 29 pesos I just got 12.19 pesos per $US using an HSBC machine in Ensenada.

[Edited on 5-3-2014 by durrelllrobert]

sdraul - 5-3-2014 at 10:14 AM

I have been facing the same problem...what to do??...$5 plus 29 pesos seem like a small charge to me. The alternative for me is to cross the boarder get cash from Wells Fargo and come back down...don't like keeping a lot of cash on hand.

woody with a view - 5-3-2014 at 10:47 AM

we left WF for Mission Fed Credit Union. couldn't be happier. we have a USBank Visa that is very competitive interest rate wise.

my $.02

rts551 - 5-3-2014 at 10:50 AM

Before I eliminated some accounts (WF being one) Wells Fargo would waive the fee for us (minimum balance). Wouldn't hurt to ask.

elgatoloco - 5-3-2014 at 12:26 PM

We have US Bank. I see that on March 24th I used ATM at Los Pinos Pemex. $6000 pesos. $459.81. $2.50 ATM fee & $13.78 International transaction fee. :o

DavidE - 5-3-2014 at 12:41 PM

Two tires. Emergency. Michoacan.

Four hundred dollars for off brand tires. 16% IVA. Then seventy-seven dollars currency conversion fee.

willardguy - 5-3-2014 at 12:51 PM

Quote:
Originally posted by elgatoloco
We have US Bank. I see that on March 24th I used ATM at Los Pinos Pemex. $6000 pesos. $459.81. $2.50 ATM fee & $13.78 International transaction fee. :o
time to go see chuck!:yes:

weebray - 5-3-2014 at 01:07 PM

This horse has been beat to death numerous times here. We also live in a small town and have given our tenants self addressed deposit slips to our Charles Schwab account. We use our debit card for pesos at whatever ATM we happen to stumble across. For this service Charles charges us nothing, nada, zip. I know people will come up with endless horror stories about how they could not access cash at some hoarhouse in TJ but for us, for 10+ years, it has worked perfectly.

msteve1014 - 5-3-2014 at 01:31 PM

Quote:
Originally posted by elgatoloco
We have US Bank. I see that on March 24th I used ATM at Los Pinos Pemex. $6000 pesos. $459.81. $2.50 ATM fee & $13.78 International transaction fee. :o


Looks like the 3% international fee. Wells still just charges $5.00 , flat rate.

elizabeth - 5-3-2014 at 01:36 PM

Even though WF charges a $5 fee, if you have accounts with them, and you email each time asking them to reverse the fee they will...at least they have for me. I don't use the WF card often because I have a local bank account, but when I do, they reverse the charge.