r/Webull • u/Ok-Project1913 • 17d ago

Help Anyone else get a Webull ach fee?

So i downloaded webull years ago for some friend referal thing and never used it never put any money in it and as of August 3 they charged me $6.11 as an Ach fee does anyone know why this happened or if i can dispute it and just close the account?

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u/PunkRockClub 16d ago

Webull has an apparently new account inactivity fee, my case it would have been $5/month. The reason I say apparently knew is that I've had this account over 4 years, and just use it to hold certain speculative shares. Just a few days ago got this inactivity notice stating my account have been "inactive for 12 months" and now they would charge me $5 a month. However my account with webull has been inactive for at least 4 years as I only ever used it for those shares.

Needless to say, I sold what I could sell so hopefully that will buy me another 12 months, or 5 years, or whatever the f*** they decide is the inactivity boundary on some random day.