Payment Card News

Wells Fargo to Pay Your Foreign ATM Fees

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If you were among the handful of Wells Fargo customers impacted by uncooperative ATMs this past week within their network, your ATM fees will be reimbursed if you turned to an out-of-network ATM. After its 12,000 ATMs crashed Monday and lasted well into the evening, the Bank blamed a systems issue. Fees reimburse includes any fee Wells Fargo/Wachovia or another bank may have assessed for using an out-of-network machine, plus the fee charged by the out-of-network ATM. Wells Fargo charges $2.50 for withdrawals on its accounts made at alternative ATMs, and the bank or other entity that owns the alternate ATM often charges its own fee of $2 or more.

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