About Wells Fargo
Wells Fargo & Company operates in more than 35 countries and is designated as one of the most systematically important financial institutions, along with Bank of America, JP Morgan Chase, and Citigroup. The bank originates from the First National Bank, which was chartered in 1863. Wells Fargo Bank, N.A., is based out of South Dakota and is one of the four largest banks in the country by bank deposits and market capitalization. It operates close to 7,000 branches and more than 13,000 ATMs throughout the U.S.
Wells Fargo Bank Overview
With a network of close to 7,000 branches and 13,000 ATMs throughout the country, as well as a very useful mobile app, Wells Fargo is an excellent option for people who want the convenience of being able to walk into a branch to do their banking in person. Although the bank is currently offering some excellent yields for some short- to mid-term CDs, its savings and checking account yields leave much to be desired.
| Attractive yields on short- to mid-term CDs. | Low APYs offered on savings and checking accounts. |
| Close to 7,000 branches in 37 states. | Overdraft fees are $35 per transaction. |
| More than 13,000 ATMs throughout the country. | |
| Highly-rated and useful mobile app. |
Wells Fargo Product Offerings
Savings Accounts
A savings account is a deposit account at a bank or credit union that insures your principal up to the FDIC or NCUA limitations and generally pays a modest interest rate. Customers have a few different savings account options to choose from depending on the amount of money they qualify for and the amount of their deposits with the bank. Here is the most current Wells Fargo savings account information for September 2025:
Checking Accounts
Wells Fargo currently offers several personal and business checking accounts with little to no opening balance requirements, relatively low monthly service charges, and peer-to-peer services provided by Zelle. The accounts offered are excellent for day-to-day use backed by one of the largest banks in the country.
CDs
A certificate of deposit (CD) is a form of savings account that pays a fixed interest rate on the money in the account for a certain period of time, known as a term. Wells Fargo offers CDs with terms ranging from 1-month up to 6-years. All of their CD offerings currently yield an APY higher than the national average of 2.60%. Here are some of their top CD accounts for September 2025:
Bank Fees
Overdraft fee: $35 per incident; three maximum per day for personal accounts
Non-sufficient funds fee: None for items returned unpaid
Savings and Money Market Account withdrawals: None
Account closure fee: None
Wire transfer fee: Most wires are assessed a $25 wire fee. Certain wire fees are waived when sent in a foreign currency from the website or mobile app. Wells Fargo makes money when converting from one currency to another.
Non-network ATM fee: $2.50
Monthly service charge: Between $5-$35. Most fees can be waived by maintaining an average daily balance or through Direct Deposits.
Wells Fargo Features
All Wells Fargo accounts can be easily accessed online through their website or mobile app. Once you've opened an account, you can set up and register your account online and access all of your Wells Fargo accounts from the comfort of your home or mobile phone. If your Wells Fargo account offers a debit card, you can also use your card at any of the more than 13,000 ATMs throughout the country.
Wells Fargo offers a 24/7 customer service line as well as a social media chat feature for the convenience of its customers.
Wells Fargo FAQs
Our Take
Wells Fargo is an excellent bank for individuals wanting easy access to and convenience with their money through one of the thousands of branches it operates. It offers a very useful and highly-rated mobile app for added convenience. Aside from its competitive CD yields, its very low yields on savings and checking accounts are comparable to the other big banks. On the personal banking side, its bank fees are not very high and can be easily waived by meeting the relatively low minimum balance requirements. All in all, it is a good bank with a very strong presence throughout the country.
Methodology
Our editorial staff continually updates the information contained on our website. Our editorial staff has analyzed virtually all of the banks and credit unions that it follows, and it does weekly rate analysis for more than 250 prominent banks and credit unions. These institutions were chosen because they provide competitive APYs, low fees, and other factors we find important. These banks and credit unions often provide accounts that are available nationally. All of these banks are FDIC-insured, and all of these credit unions are NCUA-insured. Choosing an FDIC-insured bank or an NCUA-backed credit union assures that your money is protected as long as it stays within insurance limits and requirements.