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Travel Budget, Money Matters, Financial Talk Mom, can I borrow ten grand?! Gimme yo mastercard! How the heck can I pay for my trip?! Ideas for making money. How much dough do I need?

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Old 09-27-2003, 03:17 PM   #1
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A big shout goes out to all the travelers out there!

Its the end of September and that means winter time baby!!!

I know many of us are not traveling anymore this year, and if ya are, have a great time and let us know how it goes! I just wanted to let you all in on a tip. Being a Wells Fargo employee has open my wisdom box up to some new ideas and pointers that have helped a bit while traveling.

Tui's Tips:

Tip # 1- We all know that with an ATM/Check card you have limits on the daily spending. This can be a pain in the ass when you need to make a large purchase, such as an airline ticket or rail pass. Im not saying there is no way around it, because you can just call in and request a daily limit to be raised, however, if the phone banker has used his/hers daily limit of fee reversals (which for the phone bank is 100 dollars a day that the employee is allowed to give customers if they so choose to) you will be charged a fee for the raise of your limit, and the charges vary by state, and keep in mind that this limit is only changed for the single purchase that you specify.

Wells Fargo has an option that is not always made known. If you are in good standing and have had your account for 12 months or more, you are probably eligible for the "gold card" which has a daily limit that is almost unreachable in the budget travel realm. Its not a credit card, its an ATM/Check card just like the one you have only with extremely high limits. Another good thing about this card is the daily ATM limit is also changed, most people have 310 dollar daily limit (the 10 is for possible fees) and once you hit that limit you will not have access to your money, and this can come quick in certain countries.

Check into the gold card peeps, it could make things a little easier.

Tip # 2- This one is was used recently by a friend.

Scenario: Its the end of your trip and your direct deposit wont be credited this week because you were off for two weeks, your running out of money quick and the cards are maxed.

Call 1-800-TOWELLS and request a direct deposit advance, the agent will tell you that the funds will be removed in your next deposit. Here is the kicker... If the funds cannot be taken from your next deposit, and they wont be because your broke ass has been gettin hammered and exploring for two weeks, they will just let it slide for up to 45 days, you'll still have to pay it back, but it will give you some freedom while ya finish up your trip.

Direct Deposit Advances can be up to 500 dollars.


Well thats all for now folks, I'll have more next week
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Old 09-27-2003, 06:45 PM   #2
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I discovered direct deposit advance when I first got home about 5 months ago. That thing is awesome! Even though you get whacked a fee of $7.50 per one hundred dollars, it can keep you a float. Only works for people with direct deposit.

Thanks for the rundown, TUI B) !

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Old 09-27-2003, 06:48 PM   #3
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yeah there is a fee...

1.50 for every 20 dollars advanced. But the cool thing is that it is not in interest form, it is a flat service charge, so it doesnt go up if you need a little longer to pay it back.
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Old 09-27-2003, 07:00 PM   #4
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Good to know, but for me, I don't care what it is! Just show me the money,baby! :D :P B) :D :P
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Old 10-03-2003, 09:25 PM   #5
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true dat!
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Old 10-08-2003, 08:47 AM   #6
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good tips tui, myself being a wellsfargo member.

Tui one question about the gold ins't there a limit on how much you need to have in your account at all times?
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Old 10-24-2003, 01:27 AM   #7
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yep glad you asked, I'll have that answer 2morrow :D
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Old 10-27-2003, 08:11 AM   #8
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sounds good. B)
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