@morningbrew: More like Not-So-Well-Fargo #business #news #PersonalFinance #bank #finance @Macy Gilliam

Morning Brew
Morning Brew
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Region: US
Monday 17 June 2024 21:47:10 GMT
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ryanxieties
Ryanxiety :
I've been using the card for over a year now. I just use it for rent and pay it off. Even better now that I know Wells Fargo is losing money on it
2024-06-18 03:37:17
2016
user6680953570948
user6680953570948 :
Is the card still open for applicants? Does it give cash back on rent? Is there any reason I shouldn’t open the card, pay rent, and pay off my balance right after?
2024-06-17 21:54:05
513
aranfiyy
Aran :
what is the bilt card
2024-07-17 08:39:41
1
ktspeedruns
KTSpeedruns :
Has Wells Fargo maybe tried giving up avocado toast and making coffee at home?
2024-06-20 19:38:46
870
kimkim0340
kim :
As a former employee we weren’t allowed to even mention it. We couldn’t tell clients, they had to only find it online. It was a hush hush thing because of this reason!
2024-06-18 18:59:09
9
shuks17
Shuks17 :
“One” time
2024-06-18 11:33:09
16
sominboy27
Sominboy27 :
someone high up at bilt was traumatized by wells Fargo as a kid.
2024-06-17 23:46:55
814
imaflanker
Ima Flanker :
Honestly you have to try pretty hard to fail to make a profit in a credit card in the US. The rewards come from the merchants paying processing fees which depending on the card can be up to 4% for reward cards. The card fees and interest are the icing on top that is where they really make bank but there are multiple organisations that run fee free (to the consumer) cards on the processing fees alone.
2024-06-18 10:37:12
12
wsbmemesauce
Wsb meme :
How does bilt make money post 2029?
2024-06-18 03:04:10
8
poeticrogue
Rogue. :
Bilt don’t even give you points if you don’t make atleast 5 transactions after paying rent
2024-06-18 23:25:29
0
ericisbalanced
ericisbalanced :
It’s the cost of doing business. They were bleeding customers due to their shady banking practices and now they have to buy them back
2024-06-18 15:53:12
35
ubblebubbleub
ubblebubbleub :
I love this card
2024-06-18 00:27:05
16
savya.virmani
Savya Virmani :
WF like 0/100 on good decisions
2024-06-17 21:53:17
244
cameronglynn1
Cameron Glynn :
Now that Wells Fargo is loosing money I want it
2024-07-08 03:58:53
1
slothbot77
slothboss77 :
funny, we accepted BILT rewards at my company and we stopped bc nobody ever used it
2024-06-18 13:03:57
8
eeosorio11
E Osorio :
That’s exactly what I do!! 🤣
2024-06-18 22:47:50
0
themoistbread
MJ :
I talk about my Bilt card with literally anybody who will listen 😅
2024-07-10 13:16:44
7
ozi_okeke
Ozioma Okeke :
The contract is gonna end :((
2024-07-09 02:10:52
8
darbirex2425
Darbi2425 :
😂
2024-06-18 11:35:32
7
bobrandom2024
2Chauz :
Oh I'm getting bilt now...anything to fuck wells Fargo over
2024-06-18 01:10:53
70
ripcelinedion
ripcelinedion :
Opening a Bilt card just to screw Wells
2024-07-11 21:53:38
15
freddyasgar
freddyasgar :
Ah I see hair & makeup are back from vacation @Morning Brew
2024-06-18 02:54:00
27
gladitaria
Gladitaria :
I know in the end, customers are always screwed, but hearing that a bank or a major corporation is "losing money" makes me giddy
2024-07-10 13:33:56
0
rodskii
Rodski :
Wells Fargo launched the card with the hope of attracting younger potential homeowners to WF but people are not letting interest accrue lmaooo 💸
2024-06-17 22:53:17
525
danedavenport
Dane Davenport :
“It was one time!*” - Wells Fargo *one time they did it two million times.
2024-06-17 23:21:29
408
quetacos
quetacos :
Wells Fargo losing money on folks earning free points brings me joy. 🥰
2024-06-17 21:54:16
80
idkhowsthis
Erin :
Shhhh I just got my bilt card I don’t wanna lose this
2024-06-18 02:50:09
49
freebyu
Puffin :
I wish Wells Fargo was this cute in real life
2024-06-17 23:54:27
40
cat_cowboy_
Blank :
Sounds like the only way they could have made money is expecting people to go into debt on their rent. Is it just me or does that sound predatory af
2024-06-17 23:47:30
33
gdnerio
gdnerio :
Just that one time they created a system incentivizing employees to regularly break consumer compliance laws for years!
2024-06-17 21:56:29
33
talbachar0
talbachar0 :
Any Wells Fargo L is a community W
2024-06-17 22:18:58
29
hiiampablito
Pablo Galvez de Leon :
This is such an amazing video. I love seeing Wells Fargo lose hahaha.
2024-06-18 04:46:44
24
robertbevilltiktok
Robert Bevill :
I juggle seven credit cards and am considering an eighth. I love that cash back!
2024-06-17 23:35:20
24
vigilantveggie
vigilantveggie :
they still make money off the interchange. they're just greedy
2024-06-20 03:32:37
22
uknowmebtch
Mohamed Abdul :
bilt founder is a super disingenuous person who inherited a billion dollars from his parents and tries to pass it off as his own success
2024-06-17 22:17:53
19
zelleuphoria
Cookie Stackhouse 🧛🍪 :
narrator: it was multiple
2024-06-17 23:25:35
18
freshlysqueezedjdn
Liv :
Bilt is the classic scheme. Where they raise tons of vc money by lying. So they never have to make any money as a company. And the founders still get rich. They don't have a working business model
2024-06-20 00:59:33
13
gretagerwigsbarbie
gretagerwigsbarbie :
This made me get a Bilt card 🫶
2024-06-18 15:13:04
13
user4423472714366
user4423472714366 :
yall gunna get fucked by bilt sooner or later. no way this can stand
2024-06-18 06:16:18
13
ickyneumon
ickyneumon :
I guarantee this is an ad for Wells Fargo. You people have the crappiest analysis. I can't stand these little pseudojournalist skits. 🙄
2024-06-18 20:15:25
8
liamsbadat
smithers :
one time... ha ha ha
2024-06-18 12:14:21
7
montanaorange
montanaorange :
That Indian kid conned them
2024-06-18 04:55:05
7
slawwwth
🦥 :
BILT card gets hacked and charges for fraud all the time too
2024-06-17 23:07:56
7
lowlevelsnowgod
LowLevelSnowGod :
Wells Fargo will never see a cent of my money. They should not be trusted with everything they’ve done
2024-06-17 22:34:33
7
jg12390
Jim Bob :
Hell yeah Boygenius shirt 👏👏😩
2024-06-17 22:30:18
7
kunpham2603
Teddy :
Wells Fargo suck
2024-06-20 01:36:16
6
devaka711
that person :
This is the only way I want my news from now on.
2024-06-18 05:08:55
5
bitzleon
Bitz Leon :
I would consider bilt if it wasn't backed by welsfargo
2024-06-18 17:18:38
4
petemoss95
spamonly26 :
Yippee! I love to see them sweat!
2024-06-18 03:28:19
4
showrunner13
ShowRunner :
I love this new source of news. I feel so informed.
2024-06-17 23:20:19
4
user9373748899918389
user9373748899918389 :
Bilt is amazing they better not fuck with it
2024-06-18 20:52:10
3
asdfghhjklmn0
whatup :
pretty sure it was two times
2024-06-18 02:04:03
3
nishka_u
nishka :
I hate wells Fargo. my bolt card gets so many fraud charges I ended up cancelling it.
2024-06-18 02:33:16
2
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