I use Wells Fargo for one purpose: obtaining foreign currency. I keep my actual money in savings and checking accounts with Ally, and the minimum $300 in my Wells Fargo 0.01% APY (lol) savings account (so they don't charge me $5/month fees).
In exchange for this, if I'm traveling out of the country and don't want to rely solely on ATMs and credit cards, I first transfer some money into my WF account, and then I can go to the bank and pick up some, say, Canadian dollars, only paying the exchange rate (which last time I did this was equivalent to the rate on ATMs and credit cards). If it's not CAD/Euros/Pesos, I just call and they can order it for me.
When I was a teenager, my WF account was my main account, and every single time I went into the bank they tried to sign me up for a checking account. Wasn't surprised one bit when the scandal hit. (Fortunately, they never created any accounts for me.)
>I'm traveling out of the country and don't want to rely solely on ATMs and credit cards
Ummm... Why not? There's plenty of accounts that refund ATM fees. I don't want to have to stop at the bank on my way out and i especially don't want to carry around more than $60 in cash. Especially in a foreign country!
In exchange for this, if I'm traveling out of the country and don't want to rely solely on ATMs and credit cards, I first transfer some money into my WF account, and then I can go to the bank and pick up some, say, Canadian dollars, only paying the exchange rate (which last time I did this was equivalent to the rate on ATMs and credit cards). If it's not CAD/Euros/Pesos, I just call and they can order it for me.
When I was a teenager, my WF account was my main account, and every single time I went into the bank they tried to sign me up for a checking account. Wasn't surprised one bit when the scandal hit. (Fortunately, they never created any accounts for me.)