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Wells Fargo To Charge $3 Per Month For Debit Card Use

Starting in October in five states, Wells Fargo & Co. will charge customers $3 per month if they use a debit card to make purchases. Customers can avoid the fee if they don't use their card or by signing up for certain checking accounts.

The guinea pigs will be customers who opened accounts in Oregon, New Mexico, Nevada, Georgia and Washington. It won't affect customers elsewhere unless they originally opened their accounts in one of those states, Wells Fargo spokesman Josh Dunn said.

No decision has been made on whether to expand the pilot program, he said.

Read the whole story at Detroit News »

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