Comments on: Do you have to have a bank account with Wells Fargo to get their secured credit card? http://www.secretfinance.com/blog/do-you-have-to-have-a-bank-account-with-wells-fargo-to-get-their-secured-credit-card/ Thu, 17 May 2012 19:37:46 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Reena http://www.secretfinance.com/blog/do-you-have-to-have-a-bank-account-with-wells-fargo-to-get-their-secured-credit-card/comment-page-1/#comment-2707 Reena Wed, 07 Jul 2010 20:59:48 +0000 http://www.secretfinance.com/blog/do-you-have-to-have-a-bank-account-with-wells-fargo-to-get-their-secured-credit-card/#comment-2707 Since you are going for a secured credit card Wells Fargo will make you open an account to put that collateral money into that you are handing over as a security for the credit card account. They have to put your security deposit somewhere... and no, that money is not loaded onto the card. You are not going to spend your money but have a real credit card account. Only when you mess up and don't pay the bill will Wells Fargo close the account and use your security deposit to pay off the balance.<a href="http://www.greattoolsusa.com/hammers-4372"> Reena</a> Since you are going for a secured credit card Wells Fargo will make you open an account to put that collateral money into that you are handing over as a security for the credit card account.

They have to put your security deposit somewhere… and no, that money is not loaded onto the card.
You are not going to spend your money but have a real credit card account. Only when you mess up and don’t pay the bill will Wells Fargo close the account and use your security deposit to pay off the balance. Reena

]]> By: John http://www.secretfinance.com/blog/do-you-have-to-have-a-bank-account-with-wells-fargo-to-get-their-secured-credit-card/comment-page-1/#comment-2706 John Wed, 07 Jul 2010 06:38:23 +0000 http://www.secretfinance.com/blog/do-you-have-to-have-a-bank-account-with-wells-fargo-to-get-their-secured-credit-card/#comment-2706 Yes, but they will have you do all of the paperwork and open it when you get approved for the card.<a href="http://www.namingmybaby.com/baby-middle-name.htm"> John</a> Yes, but they will have you do all of the paperwork and open it when you get approved for the card. John

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