Wells Fargo Bank review: is it trustworthy?
Check out the Wells Fargo Bank review and discover all it has to offer for you, from checking accounts to savings and CDs.
by Aline Augusto
Wells Fargo Bank: Checking, savings, CDs, credit cards, loans, and more.
In this Wells Fargo Bank Bank review we’ll cover all you need to know about a bank founded in 1852, that since then, has been enabling people and businesses to access uncomplicated financial solutions in a world that changes fast and constantly.
Besides the vast branch network, the Wells Fargo Bank offers a complete package of products and services, from checking accounts to loans and investing solutions for clients.
Check out how it is to bank with Well Fargo in this article.
|Financial products offered||Checking, savings, and CDs;|
Home, personal, auto loans;
Investing and Wealth management;
Commercial & Corporate banking
|Fees||All accounts have monthly service fees, but you can waive them by following the requirements;|
Credit cards feature $0 annual fee
|Minimum balance||A minimum balance is recommended to avoid the monthly fees. Also, there is a minimum opening deposit for each account.|
How is banking with Wells Fargo Bank?
Wells Fargo offers a full range of financial products and services, including checking & savings accounts, CDs, credit cards, loans, investing solutions, and much more.
The offerings include products and services for small businesses and corporations, as well.
In the checking accounts sector, you can choose between four types. The first one is a Clear Access Banking, which is best for customers who need help managing their money. This account charges the lowest monthly fee of $5.
Another type is the Everyday Checking which includes flexibility and popularity. The monthly fee is $10 and features Overdraft Services as optional.
On the other hand, if you look for a premium service, you can choose between two checking accounts: the Prime or the Premier. Both feature benefits like 24/7 support and special discounts.
All checking accounts require a minimum of $25 to open, and all monthly fees can be waived.
Also, the bank offers savings accounts with an APY of 0.01% and CDs ranging from 0.01% to 0.05%. All accounts require a minimum to open, and the fees can be waived.
The CDs don’t have a monthly service fee.
Furthermore, you can rely on this bank to borrow money to accomplish your dream home, purchase your car, or for any other personal reason.
Wells Fargo provides education and tools, as well as investment options for those who want to diversify assets and earnings.
And if you are a business owner, you can also count on the bank since it offers many solutions for commercial, small businesses, or corporations.
Wells Fargo Bank experience: accounts, credit cards, and more
Wells Fargo is a bank designed for those who want it all in one place. Also, it is best for those who want to rely on branches since it provides a vast branch network nationwide.
Besides mobile banking, Wells Fargo offers a 24/7 service team to attend to the clients, depending on the product or service you apply for.
In fact, all tools are excellent for those who need help managing their money responsibly, including credit cards with great benefits at a $0 annual fee.
- The bank provides a vast branch network nationwide;
- It offers a complete package of financial products and services in one place;
- All monthly service fees can be waived;
- Credit cards have no annual fee and provide good benefits.
- The APY on savings is not the best;
- Overdraft fees can be high.
Why should I choose Wells Fargo Bank?
If you are looking for a bank that offers access to a significant branch network and provides all financial products and services in one place, the Well Fargo might be worth considering for you to start banking.
How to start banking with Wells Fargo Bank?
Learn how to open an account with Wells Fargo by following the link below.
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