I'm a very wealthy individual, I won't pay this.
I agree with you, folks who have large or several bank accounts with one bank, generally don't pay any fees. I am not wealthy. However, I have several accounts with Wells Fargo including my one debt which is the mortgage on my home. I pay no monthly fees of any kind on any of my accounts. The bank gives me excellent interest rates if I borrow money as I have A-1 credit. Unfortunately, folks who aren't in such great shape financially, are the ones who pay through the nose and are nickel dimed by the banks.
Well Fargo customers earn points on their credit/debit cards. My banker asked me the other day when I was at the bank if I'd thought of cashing in my points. I had not. He suggested I take the points back in cash. I was amazed at how much cash value had accumulated over the years. I'll probably cash these points out rather than use them for some nonsense trip or something.
