Overdraft Protection Wells FargoCredit Card Features & Services. Wells Fargo downgrades this media stock, citing cord-cutting and growing sports rights costs. There are two overdraft protection options: linking a USAA checking or savings account or linking a USAA credit card. You can add Debit Card Overdraft Service 4 anytime by calling us at 1-800-TO-WELLS (1-800-869-3557), signing on to Wells Fargo Online® Banking from a computer or tablet (search Overdraft Services), visiting a Wells Fargo ATM (select More Choices), or speaking to a banker at any Wells Fargo branch. To enroll, change or remove Overdraft Protection Sign onto Online Banking; Call a phone banker at 1-800-TO-WELLS (1-800-869-3557). Of the many annoying fees banks charge, the overdraft and overdraft "protection" fees can feel especially maddening: A $4 coffee can turn into $40; moving your own money from one account to. Business: Wells Fargo says to check your credit card agreement. Overdraft protection is a service offered by some banks and credit unions that allows customers to overdraw their checking accounts, generally for a fee. 3 million balance alerts every day to help customers avoid overdrafts. Wells Fargo downgrades Fox, citing cord cutting and growing …. Wells Fargo Customer Lost $68K After Being Tricked by Scammer: Report. Continuous overdraft fee: Unlike some banks, Wells Fargo. Wells Fargo Overdraft Protection Fee Guide. Wells Fargo, Bank of America make major changes to overdraft …. More than 12,000 Wells Fargo ATMs to help you bank locally and on the go. If insufficient funds are available in your checking account to complete a transaction, then the necessary funds will be transferred from your savings account to the checking account. Having overdraft protection. If you choose to enroll, you can link to an account where you are either the sole owner or a joint owner. You can choose whether to link your Account to your Wells Fargo checking account for Overdraft Protection. Wells Fargo Active Cash SM Credit Card Terms and Conditions. Senator Elizabeth Warren of Massachusetts The Official U. For details on other options, please visit www. You can just call the Wells Fargo customer service phone number +1 (800) 869-3557 and ask for it. The bank will also pay an additional $35 million penalty to the Office of the Comptroller of the Currency, and another $50 million to the City and County of Los Angeles. Overdraft protection offers an important form of short-term liquidity that covers bank customers’ insufficient funds transactions. For additional information on Overdraft Protection using your credit card, please visit www. The CFPB advises those who think they may be affected to contact Wells Fargo customer services at 844-484-5089, Monday through Friday from 9:00 am to 6:00 pm ET, as a first step. Other restrictions and requirements apply. Wells Fargo">Credit Card Features & Services. Wells said that by March 31, customers enrolled in Wells Fargo’s Overdraft Protection service “will no longer pay a fee when funds from a linked account are used to cover transactions on the. The current overdraft policies at Wells Fargo allow customers with a low balance to make a purchase that will put their account in the negative, resulting in an automatic overdraft fee charge of $35 per item. Overdraft protection offers an important form of short-term liquidity that covers bank customers’ insufficient funds transactions. In the past week alone, Bank of America and Wells Fargo became the latest major banks to join the growing trend that's a boon for their clients, at least on the surface: reducing or eliminating. The bank will access the funds in your linked accounts to cover any transactions that can't be covered by your checking account balance. Wells Fargo overdraft fees Fee: $35 is the standard overdraft charge. Wells Fargo agreed to a $3. The overdraft protection at Wells Fargo allows you to link one savings account and one credit card account to your checking account. Wells Fargo says the S&P 500 is topping out and a correction is. In September 2021, Wells Fargo agreed to pay $37 million to settle claims that it overcharged 771 commercial customers that used its foreign exchange services from 2010 through 2017, according. Having overdraft protection enables. Limit: Three fees per day, for a maximum of $105. com/checking/overdraft-services/. Overdraft protection is a service offered by banks and other financial institutions: They pay for a transaction if you don’t have enough money in your account to cover that purchase. 8 trillion in assets, and the largest provider of consumer financial products. 50 per transfer Business: Wells Fargo says to check your credit card agreement Credit card. 5 Then the bank will use available funds from the linked account to authorize and pay your transactions if you don’t have enough money in your checking account. Of the many annoying fees banks charge, the overdraft and overdraft "protection" fees can feel especially maddening: A $4 coffee can turn into $40; moving. Set up Overdraft Protection by signing on to the Wells Fargo Credit Card Service Center and selecting Overdraft Protection, calling a Phone Banker at 1-800-869-3557, or talking to a Banker at any Wells Fargo banking location. The CFPB advises those who think they may be affected to contact Wells Fargo customer services at 844-484-5089, Monday through Friday from 9:00 am to 6:00 pm ET, as a first step. The app also has a feature called overdraft protection, which helps prevent you from spending more than you have in your account. For details on other options, please visit www. It offers check writing, overdraft protection and 24/7 fraud monitoring, as well as convenient features like the Wells Fargo Mobile app, which can be used to pay. There are two overdraft protection options: linking a USAA checking or savings account or linking a USAA credit card. The overdraft charge could take you over your credit limit. 7 billion civil penalty, for a series of. Equity analyst Christopher Harvey said the index is "topping out" after. Overdraft protection transfers from a Wells Fargo savings account cost $12. Wells Fargo: We're in the early stages of a commodity bull ">Wells Fargo: We're in the early stages of a commodity bull. Consumer Financial Protection Bureau ordered Wells Fargo to pay more than $2 billion in consumer redress, as well as a $1. Overdraft Services for Personal Accounts. Set up Overdraft Protection by signing on to the Wells Fargo Credit Card Service Center and selecting Overdraft Protection, calling a Phone Banker at 1-800-869-3557, or talking to a Banker at any Wells Fargo banking location. Wells Fargo settled a lawsuit brought against it by the Consumer Financial Protection Bureau (CFPB) for a range of “illegal activity,” ranging from incorrectly applied fees and interest rates. com/checking/overdraft-services/#SnippetTab" h="ID=SERP,5573. How to Get Your Wells Fargo Overdraft Fees Waived?. Wells Fargo Overdraft Fees and Policies. 7 billion settlement with. There may be other options available to protect against overdraft that may be less costly. Wells Fargo will pay full restitution to all victims and a $100 million fine to the CFPB’s Civil Penalty Fund. In 2017, Wells Fargo introduced its Overdraft Rewind® service, which automatically “rewinds” overdraft fees when a covering direct deposit is received by the. If you’re enrolled in Wells Fargo’s free Overdraft Protection service, you won’t have to pay fees when a linked account covers an overdraft. Overdraft protection Outside of the financial institutions without any overdraft coverage fees, you can generally find a cheaper option with overdraft protection transfers. Consider enrolling in Overdraft Protection, which allows you to link your eligible Wells Fargo savings account to your checking account. Wells Fargo says the S&P 500 is topping out and a correction is …. — Today the Consumer Financial Protection Bureau (CFPB) fined Wells Fargo Bank, N. com/credit-cards/features/overdraft-protection. Overdraft protection offers an important form of short-term liquidity that covers bank customers’ insufficient funds transactions. One of the questions addressed the bank's sales goals and company policies for overdraft products. These Wells Fargo Rewards Program Terms and Conditions Summary and Addendum (collectively called Terms) are only a summary of the full Terms. Wells Fargo's response on Nov. Wells Fargo said it had handled the matter. Overdraft protection is a service offered by some banks and credit unions that allows customers to overdraw their checking accounts, generally for a fee. Important information about overdrafts. Still have questions? Chat For questions about new accounts. In 2017, Wells Fargo introduced its Overdraft Rewind® service, which automatically “rewinds” overdraft fees when a covering direct deposit is received by the next morning. What to do when you overdraft. Wells Fargo overdraft protection service allows you to link up to two eligible accounts — such as a savings and a credit account — to your checking account. Consider enrolling in Overdraft Protection, which allows you to link your eligible Wells Fargo savings account to your checking account. Michael Schumacher, head of macro strategy at Wells Fargo, and Chris Grisanti, chief equity strategist and senior portfolio manager at MAI Capital Management, joins ‘The Exchange’ to discuss. com/checking/overdraft-services/. ATM card for convenient ATM access to your savings. 2 days ago · Wells Fargo downgrades this media stock, citing cord-cutting and growing sports rights costs Published Fri, May 12 20236:55 AM EDT Samantha Subin @samantha_subin Share NEXT PRO TALK CNBC Pro. Set up Overdraft Protection by signing on to the Wells Fargo Credit Card Service Center and selecting Overdraft Protection, calling a Phone Banker at 1-800-869-3557, or talking to a Banker at any Wells Fargo banking location. Our overdraft fee for Business and Consumer checking accounts is $35 per item (whether the overdraft is by check, ATM withdrawal, debit card transaction, or other electronic means). The limit on overdraft fees varies by. Consumer Financial Protection Bureau ordered Wells Fargo to pay more than $2 billion in consumer redress, as well as a $1. The bank will also pay an additional $35 million penalty to the Office of the Comptroller of the Currency, and another. Wells Fargo is the third largest bank in the United States, with nearly $1. Call the Bank Customer Service. The overdraft protection at Wells Fargo allows you to link one savings account and one credit card account to your checking account. For additional information on Overdraft Protection using your credit card, please visit www. Wells Fargo eliminated NSF and overdraft protection fees in 2022, Wells Fargo earned $1. Overdraft protection is a service offered by some banks and credit unions that allows customers to overdraw their checking accounts, generally for a fee. Overdraft Protection advances from a credit account accrue interest from the date each advance is made. In several instances, Wells Fargo declined to provide direct answers, citing the ongoing investigation that its board launched on Sept. Your credit card must be confirmed; if not confirmed, no money will advance to cover the overdraft. Overdraft fees cost up to $35 and are one of the most expensive and common checking account fees, since you can incur multiple overdraft fees in one day. More than 12,000 Wells Fargo ATMs to help you bank locally and on the go. Skip to primary navigationSkip to content ×Close. Before opting-in, consumers receive a one-page, consumer-tested, government required, opt-in form that. To enroll, visit us online at: www. See your credit account agreement for details. 7 billion settlement with the Consumer Financial Protection Bureau over customer abuses tied to mortgages, auto loans and overdraft fees, the regulator said. Overdraft protection transfers from a Wells Fargo savings account cost $12. Wells Fargo damages payments: Who will receive the …. When you link your accounts, the bank uses your savings. Overdraft fees cost up to $35 and are one of the most expensive and common checking account fees, since you can incur multiple overdraft fees in one day. In December 2022, Wells Fargo agreed to pay a $3. Wells Fargo downgrades Fox, citing cord cutting and growing ">Wells Fargo downgrades Fox, citing cord cutting and growing. Overdraft Protection: What Is It? Do You Really Need It?. com/credit-cards/features/overdraft-protection/. You can add Debit Card Overdraft Service 4 anytime by calling us at 1-800-TO-WELLS (1-800-869-3557), signing on to Wells Fargo Online® Banking from a computer or tablet (search Overdraft Services), visiting a Wells Fargo ATM (select More Choices), or speaking to a banker at any Wells Fargo branch. Understanding Checking Account Overdraft Protection …. The S & P 500 may take a leg down as shorting becomes more attractive and investors move attention beyond earnings season. Wells Fargo overdraft protection service allows you to link up to two eligible accounts — such as a savings and a credit account — to your checking account. The Wells Fargo app is a secure and convenient way to manage your finances. Samantha Subin @samantha_subin. How Much is Wells Fargo Overdraft Fees and Can You Avoid It?. How to Easily Turn Off Overdraft Protection on the Wells Fargo …. Your credit card must be confirmed; if not confirmed, no money will advance to cover the overdraft. Wells Fargo settled a lawsuit brought against it by the Consumer Financial Protection Bureau (CFPB) for a range of "illegal activity," ranging from incorrectly applied fees and interest rates. The overdraft protection at Wells Fargo allows you to link one savings account and one credit card account to your checking account. 3 million balance alerts every day to help customers avoid overdrafts. Wells Fargo must refund all affected consumers the sum of all monthly maintenance fees, nonsufficient fund fees, overdraft. Wells Fargo will pay full restitution to all victims and a $100 million fine to the CFPB’s Civil Penalty Fund. Wells Fargo Deposit Accounts Customers whose accounts were improperly closed or frozen, falsely charged overdraft fees or mistakenly billed account service fees may be eligible for refunds. Wells Fargo to scrap bounced check, overdraft protection fees ">Wells Fargo to scrap bounced check, overdraft protection fees. What you should know about the overdraft protection feature: Things are a bit different if you use a Wells Fargo credit card for overdraft protection on a bank account from Wells Fargo. Overdraft Protection is an optional service you can add to your checking account by linking up to two eligible accounts (one savings, one credit). 1 day ago · The S & P 500 may take a leg down as shorting becomes more attractive and investors move attention beyond earnings season. Banking Committee Democrats Question Surge in Wells Fargo's Overdraft Income | U. Wells Fargo Overdraft Fees Waived? A Step by ">How to Get Your Wells Fargo Overdraft Fees Waived? A Step by. The Wells Fargo app is a secure and convenient way to manage your finances. To enroll, change or remove Overdraft Protection Sign onto Online Banking; Call a phone banker at 1-800-TO-WELLS (1-800-869-3557). 7 billion settlement with the CFPB stemming from issues related to, in part, the implementation of its overdraft protection policies. The payment of transactions into overdraft is discretionary and we reserve the right not to pay. Wells Fargo will also give customers who overdraw their accounts 24 hours to bring the balance above $0 before charging them a $35 fee, and it will begin giving. Overdraft fees are not applicable to Clear Access Banking℠ accounts. Talk with a Wells Fargo says the S&P 500 is topping out and a. Wells ">Debt ceiling debates moving bond yields higher, says Wells. Continuous overdraft fee: Unlike some banks, Wells Fargo. Senate website of Senator Elizabeth Warren of Massachusetts CORONAVIRUS: For information about coronavirus (COVID-19) and financial assistance, click here. How to Get Your Wells Fargo Overdraft Fees Waived? A Step by. Set up Overdraft Protection by signing on to the Wells Fargo Credit Card Service Center and selecting Overdraft Protection, calling a Phone Banker at 1-800-869-3557,. Wells Fargo Fined $3. The app also has a feature called overdraft protection, which helps prevent you from spending more than you have in your account. Bank of America announced it will reduce its overdraft fee — what it charges customers who withdraw more than the amount available in their checking account — from $35 to $10 starting in May. Line of credit Overdraft protection transfers from a line of credit. Wells Fargo overdraft fees Fee: $35 is the standard overdraft charge. Overdraft protection lets you link accounts so you can transfer funds to your checking account if a check, debit card or ATM transaction exceeds the Available Balance in your account. To enroll, visit us online at: www. See "Overdraft Protection" below for details. We will use available funds in your. Bank refers to how we will handle the transactions. Wells Fargo offers an overdraft protection plan, which allows your checking account linked to a saving account, so Wells Fargo will authorize the transaction using available funds from your saving account when. Overdraft Protection is an optional service you can add to your checking account by linking up to two eligible accounts (one savings, one credit). Wells Fargo downgrades Fox, citing cord cutting and growing sports. It offers check writing, overdraft protection and 24/7 fraud monitoring, as well as convenient features like the Wells Fargo Mobile app, which can be used to pay bills, deposit checks, send and. Wells Fargo damages payments: Who will receive the. Our overdraft fee for Consumer checking accounts is $35 per item (whether the overdraft is by check, ATM withdrawal, debit card transaction, or other electronic means), and we charge no more than three overdraft fees per business day. Overdraft fees are not applicable to Clear Access Banking SM accounts. You can choose whether to link your Account to your Wells Fargo checking account for Overdraft Protection. In 2017, Wells Fargo introduced its Overdraft Rewind ® service, which automatically "rewinds" overdraft fees when a covering direct deposit is received by the next morning. It allows you to check your account balance, transfer money, pay bills, and more. Published Fri, May 12 20236:55 AM EDT. Wells Fargo Extra Day Grace Period. A Wells Fargo customer lost $68,000 after being tricked into making a wire transfer by a scammer, report says. Overdraft Protection If you have a Wells Fargo checking account, you can link it to a Way2Save account as overdraft protection. Which Bank Has The Best Overdraft Limit?. Overdraft fees cost up to $35 and are one of the most expensive and common checking account fees, since you can incur multiple overdraft fees in one day. Either $10 or 5% of the amount of each advance, whichever is greater. Explore ABA's advocacy efforts, research and more to help your bank stay up to date on this key issue. Overdraft protection can apply to different types of financial transactions:. Optional Overdraft Protection 5 – use your Way2Save Savings account to help protect your linked Wells Fargo checking account from overdrafts. Bank of America announced it will reduce its overdraft fee — what it charges customers who withdraw more than the amount available in their checking account — from $35 to $10 starting in May. Going Over Your Wells Fargo Credit Card Limit. Have an overdraft protection plan Wells Fargo offers an overdraft protection plan, which allows your checking account linked to a saving account, so Wells Fargo will authorize the transaction using available funds from your saving account when your checking account does not have enough funds. Wells Fargo agreed to a $3. The overdraft fee for Wells Fargo Teen Checking℠ accounts is $15 per item and we will charge no more than two fees per business day. Wells Fargo agreed to a $3. New actions announced today for consumer deposit customers1. The Bureau identified multiple violations. Overdraft protection Outside of the financial institutions without any overdraft coverage fees, you can generally find a cheaper option with overdraft protection transfers. You also won’t have to pay a returned item. The Wells Fargo app is a secure and convenient way to manage your finances. Bank">Overdraft protection. You can add Debit Card Overdraft Service 4. You can choose whether to link your Account to your Wells Fargo checking account for Overdraft Protection. Take advantage of your Extra Day. 4 billion in overdraft and NSF revenue in 2021, according to the CFPB. It offers check writing, overdraft protection and 24/7 fraud monitoring, as well as convenient features like the Wells Fargo Mobile app, which can be used to pay bills, deposit checks, send and. Consumer Financial Protection Bureau Fines Wells Fargo $100. Overdraft protection fees. Overdraft protection means you’ve authorized your bank to transfer funds from your savings account to your checking account to avoid overdraft. Explore ABA's advocacy efforts, research and more to help your bank stay up to date on this key issue. com/credit-cards/features/overdraft-protection/. Understanding Checking Account Overdraft Protection And Fees. Overdraft fees are not applicable to Clear Access Banking℠ accounts. Overdraft protection transfers from a line of credit vary based on whether you have a consumer or business account. Introductory fee of either $5 or 3% of the amount of each balance transfer, whichever is greater, for 120 days from account opening. Optional Overdraft Protection 5 - use your Way2Save Savings account to help protect your linked Wells Fargo checking account from overdrafts. 7 billion settlement with the Consumer Financial Protection Bureau over customer abuses tied to mortgages, auto loans and overdraft fees, the regulator said. We charge no more than three overdraft fees per business day for Consumer accounts and four overdraft fees per business day for Business accounts. The payment of transactions into overdraft is discretionary and we reserve the right not to pay. Wells Fargo will also give customers who overdraw their accounts 24 hours to bring the balance above $0 before charging them a $35 fee, and it will begin giving customers who receive direct. The overdraft fee for Wells Fargo Teen Checking℠ accounts is $15 per item and we will charge no more than two fees per business day. Overdraft Fees: Compare What Banks Charge. com/credit-cards/features/overdraft-protection. Wells Fargo: We’re in the early stages of a commodity bull market super-cycle John LaForge, head of real asset strategy at Wells Fargo Investment Institute, discusses why commodities. Wells Fargo announce changes to overdraft fees">Bank of America, Wells Fargo announce changes to overdraft fees. Overdraft Protection You can link up to two eligible accounts (one savings, one credit) to your checking account, and we will use available funds in those linked account (s) to cover your transactions if you don't have enough money in your checking account. In exchange, the bank charges you a fee for this service. Overdraft protection means that if your Wells Fargo checking account doesn't have enough money to cover a purchase, your credit card gets used to cover the. Wells Fargo Under Fire Again With More Legal Problems">Wells Fargo Under Fire Again With More Legal Problems. anytime by calling us at 1-800-TO-WELLS (1-800-869-3557), signing on to Wells Fargo Online ® Banking from a computer or tablet (search Overdraft Services), visiting a Wells Fargo ATM (select More Choices), or speaking to a banker at any Wells Fargo branch. You can remove the service at any time. Using a credit card may incur fees. Consumer Financial Protection Bureau ordered Wells Fargo to pay more than $2 billion in consumer redress, as well as a $1. Overdraft fees are not applicable to Clear Access Banking℠ accounts. The CFPB advises those who think they may be affected to contact Wells Fargo customer services at 844-484-5089, Monday through Friday from 9:00 am to 6:00 pm ET, as a first step. The limit on overdraft fees varies by. 5 Then the bank will use available funds from the linked account to authorize and pay your transactions if you don't have enough money in your checking account. For example, we typically do not pay overdrafts if your account is overdrawn or you have had excessive overdrafts. Line of credit Overdraft protection transfers from a line of credit vary based on whether you have a consumer or business account. There are two overdraft protection options: linking a USAA checking or savings account or linking a USAA credit card. If approved for the Wells Fargo Active Cash Visa Card, we will provide you with the full Terms. Bank of America, Wells Fargo announce changes to …. Wells Fargo to Help Millions of Consumer Customers Avoid …. The S & P 500 may take a leg down as shorting becomes more attractive and investors move attention beyond earnings season. , which is a national bank headquartered in Sioux Falls, South Dakota. After that, up to 5% for each balance transfer, with a minimum of $5. Protection Bureau Fines Wells Fargo $100 ">Consumer Financial Protection Bureau Fines Wells Fargo $100. Overdraft Services for Business Accounts. 15 to that question and several others was vague and incomplete. On December 20, 2022, the Bureau issued an order against Wells Fargo Bank, N. Overdraft Protection – Wells Fargo. If this is your first-time overdraft, most banks are willing to waive your overdraft fee to keep you remaining a customer. $100 million for the widespread illegal practice of secretly opening unauthorized deposit and credit card accounts. Wells Fargo will pay full restitution to all victims and a $100 million fine to the CFPB’s Civil Penalty Fund. Overdraft Protection advances from a credit account accrue interest from the date each advance is made. Overdraft protection, how it works and the related fees differ some from bank to bank, and it can be confusing. Have an overdraft protection plan Wells Fargo offers an overdraft protection plan, which allows your checking account linked to a saving account, so Wells Fargo will authorize the transaction using available funds from your saving account when your checking account does not have enough funds. We will use available funds in your linked account (s) to authorize or pay your transactions if you don't have enough money in your checking account. Wells Fargo downgrades this media stock, citing cord-cutting and growing sports rights costs Published Fri, May 12 20236:55 AM EDT Samantha Subin @samantha_subin Share NEXT PRO TALK CNBC Pro. To enroll, change or remove Overdraft Protection Sign onto Online Banking; Call a phone banker at 1-800-TO-WELLS (1-800-869-3557). It offers check writing, overdraft protection and 24/7 fraud monitoring, as well as convenient features like the Wells Fargo Mobile app, which can be used to pay bills, deposit checks, send and. Wells Fargo: We’re in the early stages of a commodity bull market super-cycle John LaForge, head of real asset strategy at Wells Fargo Investment Institute, discusses why commodities. Wells Fargo also sends more than 1. Wells Fargo: We're in the early stages of a commodity bull. Wells Fargo will also give customers who overdraw their accounts 24 hours to bring the balance above $0 before charging them a $35 fee, and it will begin giving customers who receive direct. Set Up Overdraft Protection2. How to Easily Turn Off Overdraft Protection on the Wells Fargo App. In 2017, Wells Fargo introduced its Overdraft Rewind® service, which automatically “rewinds” overdraft fees when a covering direct deposit is received by the next morning. You can add Debit Card Overdraft Service 4. Overdraft Protection advances from a credit account accrue interest from the date each advance is made. If this is not your first time, you will need some tips to negotiate it. How to Easily Turn Off Overdraft Protection on the Wells. Among the things the CFPB’s order requires of Wells Fargo: Pay full refunds to consumers: Wells Fargo must refund all affected consumers the sum of all monthly maintenance fees, nonsufficient fund fees, overdraft charges, and other fees they paid because of the creation of the unauthorized accounts. Wells Fargo settled a lawsuit brought against it by the Consumer Financial Protection Bureau (CFPB) for a range of “illegal activity,” ranging from incorrectly applied fees and interest rates. In December 2022, the U. The term standard overdraft coverage at U. It's important to make sure you understand the. Avoid Overdraft Fees with Overdraft Protection. Debit Card Overdraft Service. How to get overdraft fees refunded at different banks. Overdraft protection means that if your Wells Fargo checking account doesn’t have enough money to cover a purchase, your credit card gets used to cover the difference. But in return for the “favor,” the bank charges a fee to your account. Overdraft protection lets you link accounts so you can transfer funds to your checking account if a check, debit card or ATM transaction exceeds the Available Balance in your account. 7 Billion by Consumer Financial Protection Bureau (CFPB) Over Overdraft Fees and Other Practices. Wells Fargo: We’re in the early stages of a commodity bull market super-cycle John LaForge, head of real asset strategy at Wells Fargo Investment Institute, discusses why commodities.