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Wells Fargo Introduces "My Spending Report"

Tags » Banking Industry, Online Banking  »

Wells Fargo has announced the introduction of "My Spending Report", a consolidated report of a consumer's personal spending across all of the consumer's payment activities with the bank.

The report, which has a patent pending, combines spending transactions from a customer's check card, credit card, checking account and bill pay in one convenient place, accessed through a secured, online banking session and updated automatically each day. Electronic and bill payment transactions are organized by familiar categories such as gas/automotive, groceries, ATM withdrawals, etc. Wells Fargo customers can also save and print the report.

"My Spending Report is an important tool for anyone looking to improve how they manage spending, organize finances and plan for the future," said Pearl Kolling, vice president and product manager for My Spending Report. "It can be especially helpful for individuals and families trying to better manage their spending or track their expenses or for young adults learning to operate on a budget. It's one more way that Wells Fargo helps customers succeed financially."

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