Thinking about getting a Wells Fargo Financial Splash Card?You better do your homework and then some!
That 0% interest for 6 months looks good but be sure to pay it off before the six months are up! My nightmare began with the purchase of a pellet stove from a retailer in my area. I purchased about $4300 worth of merchandise from them thinking that I would be able to pay off the balance or close to it in six months. Financial circumstances changed and that interest rate of an outrageous 23.99% turned my balance of $4300 into almost $4900 at the end of the six month period!!
These unethical thieves are making almost $600 in interest on a $4300 principal balance! I recently transferred most of the balance to another card with the exception of $610 which was my second largest mistake! Apparently they state that they sent out a change in terms letter advising me that my minimum due would now be based on my highest billed balance if I did not opt out! I received my "opt out" letter in an envelope conveniently identical to my statement.
I set it aside thinking it was just my statement. So, on a $610 balance my payments should be about $20 right??? WRONG!!! These thieves want $122.00 a month until the balance is paid off!!
They will do nothing to reduce this amount and state that since I failed to opt out then I agreed to the terms!
I strongly urge you boycott Wells Fargo like the plague.They will not think twice about ripping you off and I am proof of that!