Wells Fargo ditches debit card fee pilot
Wells Fargo & Company (NYSE:WFC) said today it is canceling its planned five-state pilot of a monthly $3 fee for users of its debit cards as a response to customer feedback the bank has received.
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"As we adjust to changes in our business, we will continue to stay attuned to what our customers want," said Ed Kadletz, head of Wells Fargo's Debit and Prepaid Cards. "This means understanding their needs as we continue to deliver the world-class service, convenience, and value they have come to expect from Wells Fargo."