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 Nov. 29, 2017.

Checking

4.0

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
N/A
APY
$10
Monthly fee
$0
Balance to waive monthly fee
Learn moreat Wells Fargo
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Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
Horrible Experience
This mortgage experience with them has been the absolute worst banking experience of my life. They got all the wrong information on my account, made working thru these problems extremely difficult and acted like it was our fault, their security allowed our information to be put at risk from an attack, I ended up having to pay late fees when their web app decided to say that it posted a payment but failed... And, finally, when I brought this failure to their attention, the customer service rep basically said, "Well... That's too bad... Get over it. Pay the Late Fee." The customer service rep didn't even offer any assistance with the matter or try to figure anything out.
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
Worst bank ever!
Nuff said. Soon to be a noncustomer.
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