Featured Savings Rates
Featured Accounts

Wells Fargo Bank

Popular Accounts at this Bank

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

Overview / Commentary
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

Wells Fargo & Company: The Teflon Bank? - 10/2/2016

Wells Fargo is currently the second largest bank in the U.S. But right now, the spotlight is on Wells Fargo for a scandal that threatens to topple the giant.

Wells Fargo Everyday Checking $100 Offer - 8/4/2016

$100 offer expires 09/01/2016. Requirements: Open an Everyday Checking account with a $25 minimum deposit. Make 10 debit card purchases/payments within 60 days. Offer Link Offer details courtesy of MoneysMyLife.com

View all posts from:

12/19/12 - Problems At Wells Fargo Website May Indicate New Cyber Attack
11/26/12 - Insights into Deposit Growth and Low Rates from Wells Fargo's CEO
10/26/12 - Wells Fargo Sending Out Refunds To Some Mortgage Customers -- In Step To Block Lawsuits
10/24/12 - Wells Fargo's Free Credit Score Promo & Other Free Credit Score Options
9/14/12 - A Binding Contract, But Not For Wells Fargo
8/30/12 - Wells Fargo Won’t Talk To Me Because I’m Not My Dead Mother
8/15/12 - Wells Fargo To Pay More Than $6.5 Million To Settle SEC Charges
8/14/12 - Electronic Receipts From Wells Fargo ATMs And Tellers
11/29/12 - Wells Fargo Rolling Out New Mobile Banking Services
7/3/12 - Wells Fargo Fee Disclosures: Bank Joins Chase, TD Bank With Shorter Forms
7/3/12 - Wells Fargo's Roll Out Of Checking Fees Hits D.C. Area
5/18/12 - Wells Fargo To End Free Checking In Carolinas
4/30/12 - Wells Fargo Won't Let Man Access His Safe Deposit Box, He Misses His Mother's Funeral
3/25/12 - How Do Big Banks Allocate Deposits In The Internet Era To Branches?
4/19/12 - Wells Fargo To Charge $7 Fee On More Checking Accounts
3/3/12 - Transactions On Closed Checking Account- Not Subject To Wells Fargo Only**
1/21/12 - Phoenix Woman Blames Wells Fargo For $5,200 Loss
1/17/12 - Wells Fargo Q4 Earnings Report & My Review For Future Deposit Rate Insights
12/22/11 - Correcting An ACH Transfer That Goes To The Wrong Account
12/8/11 - 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
3/3/11 - 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
10/12/09 - 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
2/3/09 - 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
1/29/08 - 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
3/28/07 - 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)
7/16/08 - 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 (276)

Wells Fargo Bank is Top Notch

Posted by: VMK2405 | Sep 21, 2016

I've been banking with Wells Fargo for 25 years. I've never had one moment of customer dissatisfaction with them. They always go above and beyond to fulfill the needs of their customers. They also look out for their customers. Recently the bank noticed suspicious activity on my debit card. They immediately notified me and sent me out a new card within four days. I've also made great use of their cash back program on their credit card where for the first six months you earn 5% cash rewards on gas and grocery purchases. Then 1% cash back on all other purchases all the time. It's been great to pay off my credit card through my purchases. I have a checking and savings account with them as well. Both of my teenagers have had savings accounts at Wells Fargo since they were little and recently have opened checking accounts. I rarely actually go into the bank anymore, but when I have had to, the bank employees are always very helpful and friendly. I really can't say enough good things about Wells Fargo. It's been an awesome bank for our family.

Good online banking options.

Wells Fargo's online banking options are very good. I have never had any issues using there online banking. I have 3 account on from Wells Fargo and it is very convenient to have all of my account all on one page to view. There online banking is kept up to date and I have never have any issues of my online account not matching the amount I actually have in the bank. I also like how the accounts will still show you your pending charges even on weekends and holidays when the bank is closed. I have had to contact Wells Fargo when I was a victim of identity theft. Someone got a hold of all of my online information including access to my online banking and stole all of my money out of my accounts. Wells Fargo was excellent at repairing this issue for me and setting me up with new account and new information to get back on to the online website. I have been banking with Wells Fargo for over 14 years and using their online banking for the majority of that time. I also use the online bill pay option on their website which makes it really easy to pay bill, especially since I easily forget to pay some of my bills. I would recommended Wells Fargo's online banking to anyone who wants a easier way to bank online.

No Problems With WF

Posted by: Don4532 | Sep 27, 2016

I've been banking with Wells Fargo for over ten years. And during that time I have not had one problem with fraudulent charges, until very recently that is. I woke up to chec my account balances like any other day, only this particular morning I unfortunately realized I was approximately $540 shorter then I should have been. Immediately I made contact with a bank rep through their standard 188 number. And within 10 minutes I was informed that my account would be credited back. Not only that but a full investigation would be launched on my behalf from the Wells Fargo fraud dept. And my bank account would not have to be frozen during this inquiry. Two weeks later I received a full report of the how's, when's, why's, and who's. Thank you Wells Fargo for keeping me and my finances safe.

Poor Choice

Posted by: Thomas777 | Aug 10, 2016

Wells Fargo is a...ok choice if you're looking for a bank that has a large national footprint. However, if you're looking for some individualized treatment look elsewhere. I left Wells Fargo years ago, but my mother still banks with them... She's been a customer since they bought out Norwest Bank back in the 1990's. Recently, she tried to order a new debit card with a chip over the phone, but because she couldn't remember her verbal password (she rarely calls) they told her that they were unable to help her. They were unable/unwilling to verify her identity by any other means (SS#, address etc.) I was actually dumbstruck by this, I had never heard of this happening with any other friends or family members. She is now in the process of moving all of her accounts out of Wells Fargo.



Health Grade Components

FDIC Certificate #3511
Year Established1870
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.19%
Return on Equity - YTD12.75%
Annual Interest Income$23.92B
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$1,699.4B$1,553.9B
LoansQ2 2016vs Q2 2015$921.4B$858.3B
DepositsQ2 2016vs Q2 2015$1,293.5B$1,227.1B
Equity CapitalQ2 2016vs Q2 2015$158.1B$147.1B
Loan Loss AllowanceQ2 2016vs Q2 2015$10.65B$10.49B
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$13.23B$13.51B
Real Estate OwnedQ2 2016vs Q2 2015$1.04B$1.85B
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Wells Fargo Everyday Checking $100 Offer

Tony Phan   |  
$100 offer expires 09/01/2016.
Open an Everyday Checking account with a $25 minimum deposit.
Make 10 debit card purchases/payments within 60 days.
Offer Link
Offer details courtesy of MoneysMyLife.com

Report an Issue

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

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

0.03%--Business Market Rate Savings

Wells Fargo Bank Checking Account Rates

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

Wells Fargo Bank CD Rates

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
0.01%--Business 1 - 2 Month CD

Wells Fargo Bank IRA Rates

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

Wells Fargo Bank has 6,133 locations. Click to view all Wells Fargo Bank locations.