Pros

13,000 free ATMs and over 6,000 branches in 39 states

Cons

0.01% APY on standard savings account; better rates available elsewhere
$35 overdraft fee can be charged three times daily

Overall

3.0

Megabank and mortgage giant Wells Fargo offers a huge variety of financial products under one brand — checking and savings accounts, investments, credit cards, auto loans and more. If you’re among the millions who have a Wells Fargo mortgage or other product, you’ll be entitled to certain upgrades on interest rates and fees for checking and savings accounts.

Ratings methodology | Updated June 7, 2017.

Checking

3.5

Wells Fargo’s Everyday Checking has a $10 monthly fee. You can avoid the fee by making 10 debit payments or $500 in direct deposits or by keeping a minimum daily balance of $1,500 each month. There’s no interest rate, so you won’t see your money grow.

With 13,000 ATMs, Wells Fargo’s network is fairly large; it only slightly trails Chase’s and Bank of America’s 16,000-ATM networks.

Way2Save Savings
0.01%
APY
$1
Min. balance for APY
Learn moreat Wells Fargo
Everyday Checking
$10
Monthly fee
$1,500
Balance to waive monthly fee
Learn moreat Wells Fargo
NerdWallet reviews are the result of independent research by our editorial team while accountholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
Violation of HIPPA
This bank changed my ADDRESS without my permission or even notification. Then when I entered the incorrect zip, I was not allowed access to my own account. Then to add insult to injury they froze my debit card until I go to a branch and show ID. BAD BAD customer service and worse HIPPA violation.
Overall
Customer service
Fair
Website / app
Fair
Rates
Poor
Fees
High
Bank Somewhere Else - plz read
(star ratings explained at the bottom of long rant) I've been a customer of Wells Fargo since 2015. Today was the 3rd time in this month alone where I had to call them/go to a branch to dispute an overdraft fee of $35.00. My issue was, that I was at a positive balance of $33.20 when I was charged the overdraft fee of $35.00. It was this fee that caused my account to go negative. But wait.. there's more! The description for why I was even charged the fee was "$398.99" for my car loan, which is the transaction that made my daily ending balance 11/20/17 $33.20. It was today on 11/21/17 that I was charged the overdraft fee, for going positive $33.20.. BUT WAIT. THERE IS MORE: I went in person to the branch in Miami on E Flagler. The WF employee that was assisting me with my request (to remove the $35.00 fee that was making me negative, which was going to earn me another overdraft fee tomorrow since I had $30 pending to come out ((which would leave me with about a dollar in my account, which is still not a negative number)) ). She saw the problem and was as bothered by it as I was. She contacted "Bank Solutions", where they basically gave her the perfect document to really mess me up: a document that reads "all" the same transactions I brought printed out (with the proof of the bank error) but in a completely different order. In this electronic document, my balance ended up -$7.00, which calls for an overdraft fee. Pause. Here's the thing: if you add up all of the debits and add up all of the credits, the difference will ALWAYS be the same, no matter what damn order they're in. Play. Get this: they were not "permitted" to print this report for me, the one that read -$7.00 being my balance. I work with balances for our tenants as the accountant for a property management office. It is clear that I was charged an extra charge that would make the end balance a negative #. Done. Third time this week. Closed my account today, and am practically in love with Chase. Byyeeee Felicia Fargo. * Overall: 1 star - very unhappy customer * Customer Service: 3 stars - these ppl are covering their company's butt and they're just doing their job. But I can't take the boojiieeeeness * Website/app: 3 stars - working app * Rates / Fees : 1 star - I would give negative stars if possible. Let them get charged an overdraft for actually going negative. Also, remember that the company just paid out about $2million for messing up already. It's no surprise that they're trying to make as much money as they can through these fees. Butttttt..thats not my problem that they messed up behind the scenes. It's no customer's problem.
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