Featured Savings Rates
Featured Accounts

Wells Fargo Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.50%5-year CD58 Month CD Special
0.05%1-year CD1 Year CD
0.01%SavingsWells Fargo Platinum Savings

Overview / Commentary
800-869-3557
101 N. Phillips Avenue
Sioux Falls, SD 57104

Wells Fargo Bank is a publicly traded bank that operates as a subsidiary of Wells Fargo & Company, one of the largest financial holding companies in the world. The bank is one of the largest in the United States as measured by assets as well as deposits. With tens of millions of customers, thousands of retail branches and tens of thousands of ATMs, the bank’s presence is recognized in every state. It offers personal, small business, and commercial banking products and services, in addition to wealth management and investing advising.

On its personal banking side, Wells Fargo offers checking, savings, Money Market, Certificate of Deposit (CD) and IRA accounts, in addition to mortgage and consumer loans. One of its most popular checking account options comes with a debit card, as well as a monthly service fee unless minimum balance requirements are met. The bank pushes its student checking account in a combo package with its savings account to encourage saving, and Wells Fargo partners with colleges to provide students the ability to use its debit card for both on and off campus transactions. Savings account options come with minimal interest rates on basic savings, retirement savings, and even retirement savings accounts. Money Market accounts offered by the bank have a minimum daily balance requirement and come with very low interest rates. CDs are available in term lengths ranging from 3 to 58 months and a step up CD provides a way to increase the rate on a 24-month CD every 6 months for the life of the product.

A private bank is also available to provide customers wealth planning and trust solutions that are tailored to specific investor needs and goals. On its small business side, Wells Fargo offers loans and credit, business insurance, and merchant services like payment processing and tax help.

Wells Fargo Bank online banking is a secure banking platform on which customers can open and manage their accounts. The web-based system provides the ability to complete tasks like Bill Pay, money transfers, online brokerage, account activity viewing, direct deposit, and check image viewing. A mobile website (wf.com) provides an optimized Internet solution for customers to access their accounts from a web browser on any capable device. Mobile banking apps are also available and provide a more sophisticated way to bank on the run from various smartphone and tablet devices.

Wells Fargo Bank was originally established as the Crocker-Citizens National Bank in 1870, before transitioning to its current name in 1986. Since that time, the bank has rapidly acquired many financial institutions and divisions to become one of the largest companies in the world. Wells Fargo corporate headquarters are located in San Francisco, California, while Wells Fargo Bank is headquartered in Sioux Falls, South Dakota. The bank operates through thousands of branches located through the United States.

Related Posts

View all posts from:

12/22/11 - Correcting An ACH Transfer That Goes To The Wrong Account
12/7/11 - Wells Fargo Changes Consumer Agreement, Banning You From Suing Them
11/18/11 - Resolution on My Wells Fargo CD Beneficiary Problem
11/13/11 - My Problems with a Mega Bank Part 1 - Wells Fargo
11/12/11 - Wells Fargo Pushing Its New Way2Save Savings Account
10/31/11 - Wells Fargo Backs Off Plans On Debit Card Fees
10/20/11 - Wells Fargo Mails Customers The Wrong Bank Statements
10/19/11 - Wells Fargo Debit Fee Questioned As Bank Records Record Profit
9/15/11 - Harder To Avoid Checking Account Fees At Wells Fargo
9/9/11 - Higher Wire Transfer Fees at Wells Fargo and Citizens Bank - Wire Alternatives
8/16/11 - Wells Fargo To Begin Charging Debit Card Fees In Certain States
7/27/11 - Wells Fargo Target Of Justice Department Probe; Agency Alleges Discriminatory Lending
6/17/11 - Wells Fargo To Stop Making Reverse Mortgages
5/26/11 - New Person-to-Person Payment Venture Launched by Chase, Bank of America and Wells Fargo
5/18/11 - Update On Wachovia-To-Wells Fargo Conversions
4/14/11 - Wells Fargo Is Testing Visa Smart Cards
3/28/11 - Wells Fargo Joins Chase In Cutting Back On Debit-Card Rewards Programs
2/28/11 - Wells Fargo Leads In The Hard Sell
2/9/11 - Nationwide Outage Hits Wells Fargo ATMs
10/25/10 - Wachovia To Wells Fargo Georgia Conversion
8/17/10 - Excessive Withdrawal Fees from Bank of America, Citi, Wells Fargo and Ally
7/27/10 - Wells Fargo Appears to be Slowly Killing Wachovia's Way2Save Program
6/24/10 - Foreign ATM Transactions At Wachovia And Wells Fargo
6/20/10 - TX & KS Wachovia Branches & Accounts Converting To Wells Fargo On July 24
3/9/10 - Wells Fargo $50 Checking Account Bonus in a Few States
2/1/10 - Wells Fargo's New ATMs That Allow Cash and Check Deposits without Envelopes
1/25/10 - Update on Wells Fargo's New Way2Save Program
10/10/09 - Details of Wells Fargo's New Way2Save Program - Big Changes from Wachovia's Way2Save
9/22/09 - Wells Fargo Executive Fired for Partying in Foreclosed Home
8/11/09 - 2.75% 32-Month CD at Wachovia on the East Coast and Other Wachovia/Wells Fargo Deals
12/14/08 - Wachovia Checking Account Bonuses, News, CDs and Other Deals
10/14/08 - $75 Checking Account Bonus at a Wachovia Branch in Dallas - Plus Recap on Wachovia News & Deals
10/3/08 - Wachovia to Merge with Wells Fargo Instead of Citigroup
9/3/08 - Update on Wells Fargo $50 Checking Account Bonus
8/18/08 - $50 Checking Account Bonus at Wells Fargo
6/26/08 - $75 Checking Account Bonus at a Wachovia Branch in Dallas - Plus Recap on Wachovia Deals
5/6/08 - Wachovia's Way2Save Savings Account Golf Promo - 16% for 3 Months
4/27/08 - Update on Wachovia's 4.75% 60-Month Featured CD
4/2/08 - $75 Checking Account Bonus at a Wachovia Branch in Washington DC
1/7/08 - 5.05% 5-Month CD Special at Wachovia in Some States
1/3/08 - $75 Checking Account Bonus at a Wachovia Branch in Texas Plus Reminder of Wachovia's Nationwide $50 Bonus
11/4/07 - $50 Checking Account Bonus at Wells Fargo - No DD Requirements in Some States
10/16/07 - 5.41% 8-Month Featured CD at Wachovia
10/1/07 - 5.25% 12-Month CD Promotion at Wachovia
6/11/07 - Free Checking Account Promotion at Wachovia in Dallas
6/9/07 - $100 Checking Account Bonus at Wachovia in NY/MD/DC/VA
5/18/07 - Update on Wachovia Bank Promotions
3/25/07 - Update on Wachovia's 5% Money Market Account and Other Promotions
3/21/07 - 5.40% 7-Month CD at Wachovia Texas
2/14/07 - Wells Fargo's Free Online Trades
11/11/06 - 5.65% 12-Month CD at a California Bank (Western Financial)
7/20/06 - 5.25% 7-Month CD at Wells Fargo
6/11/06 - History Behind World Savings Bank
6/11/06 - 5.25% 11-Month CD at Wachovia
5/17/06 - iPod Checking Account Bonus at Western Financial Bank
5/3/06 - 4.80% Money Market Account at Western Financial Bank
4/6/06 - Western Financial Bank's Money Market Now at 4.50%
3/12/06 - $25 Gift Card for Wells Fargo Checking or Savings Account
1/22/06 - 4.75% 12-Month CD at a Dallas Bank
10/20/05 - Wells Fargo $25 Checking/Savings Deal
9/13/05 - Wells Fargo Featured CDs

Reviews (269)

Best Bank to have a home with.

Posted by: Blaze | Jan 18, 2015

I have been a homeowner since 2013 and My experience with having a mortgage with Wells Fargo has been great. In Jan 2013 I started to look for a home and I had went into a Wells Fargo center and the experience was beyond amazing. The personal banker knew exactly what he was saying, she showed me step by step and also she has a personal testimonial which made me feel that I can trust her. As the month were passing by she kept in touch with us to where it made it seem like she actually cared. She was always on top of us and also the realtor. She made our whole experience into a great one. Our closing took only 45 days and I was so happy I wrote a letter to higher management explaining my experience and since that I have brought over 50 people to this branch to open accounts.

Middle of the Road

Wells Fargo is a solid choice for a bank. I used to have a free checking account with them, but now you have to sign up for a savings account in order to keep it free. The savings account has a dismally low APY so I never keep any money in there anyway.

Customer service in person is good depending on your branch. Service over the phone about issues can be challenging.

Just A Number

Posted by: chiterphat | Apr 9, 2011

I have been with the bank for 20 years and I feel like a number. I feel the service is fake and the people that work there are not there to help answer and solve problems. They are only in it for the money. I don't feel they put the customers first and they have a fee for every little thing they can find to get money out of you.

Reinaldo Alvarez

Posted by: Rey | Jun 23, 2016

I have a mortgage with Wells Fargo in which I tried modifying and after 4 years we could not reach an agreement . I paid penalties and made my mortgage good . Wells Fargo reported me to credit bureau even though I made good on my mortgage . They agreed not to report me to credit bureau and they did . They only do bad decisions and make consumers life a living hell . Do not use Wells Fargo they are a horrible institution. Nobody knows what they are doing . They should be penalized for bad service ....

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Health
B+

Health Grade Components

Overall
FDIC Certificate #3511
Year Established1870
Employees232412
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD12.45%
Annual Interest Income$11.88B
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$1,667.8B$1,571.4B
LoansQ1 2016vs Q1 2015$908.1B$830.9B
DepositsQ1 2016vs Q1 2015$1,285.4B$1,244.8B
Equity CapitalQ1 2016vs Q1 2015$154.3B$146.5B
Loan Loss AllowanceQ1 2016vs Q1 2015$10.50B$10.79B
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$13.41B$13.80B
Real Estate OwnedQ1 2016vs Q1 2015$1.21B$2.22B
Rates
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Always verify rates and promotions with the bank or credit union. We are not Wells Fargo Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Wells Fargo Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$15k*-Wells Fargo Health Savings Account
OTHER TIERS: 0.05% Up to $5k | 0.15% $5k - $10k | 0.25% $10k - $15k
0.06%*$25k*-Business Platinum Savings
OTHER TIERS: 0.05% Up to $25k
0.06%--Wells Fargo Platinum Savings - Bonus
0.05%*$100k*-Wells Fargo Retirement High Yield Savings
OTHER TIERS: 0.03% Up to $100k
0.03%--Wells Fargo Retirement Way2Save Savings
0.01%--Wells Fargo Way2Save Savings
0.01%--Wells Fargo Platinum Savings

Wells Fargo Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--Business Market Rate Savings

Wells Fargo Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$5k*-PMA Premier Checking
OTHER TIERS: 0.01% Up to $5k
0.01%--Preferred Checking

Wells Fargo Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$5k-58 Month CD Special - Bonus
0.50%$5k-58 Month CD Special
0.50%$5k-Business 58 Month CD Special
0.35%--Business 60 - 71 Month CD
0.35%--Business 72 - 144 Month CD
0.35%$5k-39 Month CD Special - Bonus
0.30%$5k-Business 39 Month CD Special
0.30%$5k-39 Month CD Special
0.25%--Business 48 - 59 Month CD
0.25%$5k-26 Month CD Special - Bonus
0.21%$2,500-24 Month Step Rate Bonus CD
0.20%--Business 36 - 47 Month CD
0.20%$5k-26 Month CD Special
0.20%$5k-Business 26 Month CD Special
0.16%$2,500-24 Month Step Rate CD
0.16%$1k-24 Month Businesss Step Rate CD
0.15%--Business 24 - 35 Month CD
0.15%$5k-9 Month CD Special - Bonus
0.10%$5k-Business 9 Month CD Special
0.10%$5k-9 Month CD Special
0.10%$2,500-1 Year CD - Bonus
0.06%$2,500-3 Month CD - Bonus
0.06%$2,500-6 Month CD - Bonus
0.05%$2,500-1 Year CD
0.05%--Business 12 - 23 Month CD
0.01%$2,500-3 Month CD
0.01%$2,500-6 Month CD
0.01%--Business 3 - 5 Month CD
0.01%--Business 6 - 11 Month CD

Wells Fargo Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$2,500-58 Month IRA Special - Bonus
0.50%$2,500-58 Month IRA Special
0.40%--60 - 71 Month IRA - Bonus
0.40%--72 - 144 Month IRA - Bonus
0.35%--60 - 71 Month IRA
0.35%--72 - 144 Month IRA
0.35%$2,500-39 Month IRA Special - Bonus
0.30%$2,500-39 Month IRA Special
0.30%--48 - 59 Month IRA - Bonus
0.25%--48 - 59 Month IRA
0.25%$2,500-26 Month IRA Special - Bonus
0.25%--36 - 47 Month IRA - Bonus
0.21%$1k-24 Month Step Rate Bonus IRA
0.20%--36 - 47 Month IRA
0.20%$2,500-26 Month IRA Special
0.20%--24 - 35 Month IRA - Bonus
0.16%$1k-24 Month Step Rate IRA
0.15%--24 - 35 Month IRA
0.15%$2,500-9 Month IRA Special - Bonus
0.10%$2,500-9 Month IRA Special
0.10%--12 - 23 Month IRA - Bonus
0.06%--3 - 5 Month IRA - Bonus
0.06%--6 - 11 Month IRA - Bonus
0.05%--12 - 23 Month IRA
0.01%--3 - 5 Month IRA
0.01%--6 - 11 Month IRA
Locations

Wells Fargo Bank has 6,147 locations. Click to view all Wells Fargo Bank locations.