WARNING: RANT about to happen in 5….4…3…2..1…..0

I’ll try to just stick with the facts here and make them easy to follow.

1. My Bank is Wells Fargo.
2. Over the last year or so, I built up 10,000 credit card points.
3. I called a few days ago to redeem these points [which only translated into a measly $100.00, but hey...it's 100 bucks]
4. Today I look at my online banking and I see a charge that says "REWARD ANNUAL PROGRAM FEE $80.00"
5. I call the bank to say how this makes NO SENSE and to cancel my REWARD PROGRAM.
6. They tell me it’s going to cost me $80.00 to cancel.
7. So basically…my 10,000 points translated to $20.00.

This is FUCKED! I’m lucky to earn 10,000 points in a year and I would be charged $80.00 a year so I might end up OWING THEM money next year[as if they don't make enough money off me already]. I cut my losses and paid $80 to cancel and made a whopping $20.00 off this wonderful REWARD PROGRAM.

I’ll be banking somewhere else in the future because of this utterly idiotic event. Be warned for anyone who banks with Wells Fargo and who thinks they’re getting some great deal on Rewards and Points. I’m pissed!

UPDATE ON THIS:

I went into the bank yesterday to try to sort this out (with a person face to face) and get my $80 back…The lady there was very helpful. What happened was…whoever signed me up for this reward program…well they signed me up for the Super Program(so if i spent tons of money spending 80 a year would be a good thing) …the other deal they had was $29 a year…none sounded good to me…so i opted out of ALL REWARDS and will be changing banks when i get back from my trip in a few weeks. I STILL only earned $20 for 10,000 points…nice rewards.

Basically…it’s all my fault for not reading the fine print.

For anyone who signs up on their reward program..just be sure you get the right one.