Do you want to see a comprehensive review of the Wells Fargo Everyday Checking account? Responsible Economy has analyzed all its features: fees, interest rates, requirements, and everything you need to know about the Wells Fargo Everyday Checking account. You can also find a comparison of the best checking accounts and an explanatory video. Welcome!
Video Wells Fargo Everyday checking
We have created a video covering all the essential information about Wells Fargo Everyday Checking. If you enjoy our content, please subscribe to support us and receive daily videos.
Features
In this section, we will present all the features of Everyday Checking:
Fees
There is a monthly fee of $10, unless you meet one of the following requirements:
- Maintain an average balance of $500 in the account.
- Have monthly direct deposits totaling $500 or more.
- Link a Wells Fargo Campus ATM or Campus Debit Card.
- Primary account owner is between 17 and 24 years old.
Minimum Deposit
There is no minimum deposit required to open the account, but you will need to deposit $25 at the time of opening.
Overdraft Services
Wells Fargo provides a bank overdraft service. Please note that there are high fees associated with overdrafts.
Zelle
You can use the Zelle service to send and receive money instantly.
Bonus
Wells Fargo offers a $300 bonus when you make a qualifying direct deposit of over $1,000 within the next 3 months.
Interest Rate
Everyday Checking does not offer any interest.
Summary table
We have created a summary table with all the features of Wells Fargo Everyday Checking:
Feature | Description |
---|---|
Fees | Monthly fee of $10, unless you meet one of the following requirements: |
– Maintain an average balance of $500 in the account. | |
– Have monthly direct deposits totaling $500 or more. | |
– Link a Wells Fargo Campus ATM or Campus Debit Card. | |
– Primary account owner is between 17 and 24 years old. | |
Minimum Deposit | No minimum deposit required to open the account, but a $25 deposit is needed at the time of opening. |
Overdraft Services | Wells Fargo provides a bank overdraft service, but please note that there are high fees associated with overdrafts. |
Zelle | You can use the Zelle service to send and receive money instantly. |
Bonus | Wells Fargo offers a $300 bonus when you make a qualifying direct deposit of over $1,000 within the next 3 months. |
Interest Rate | Everyday Checking does not offer any interest |
Comparison of the best checking accounts in The United States
We have compiled a comparison of the best checking accounts available to open in the United States in 2023:

- It is very easy to avoid monthly commissions
- Welcome bonus of 200 dollars fulfilling conditions
- More than 16,000 ATMs in the United States
- $25 minimum deposit
- Very low interest rates

- It is very easy to avoid monthly commissions
- More than 16,000 ATMs in the United States
- $100 minimum deposit
- No welcome bonus
- High interest rates if you have a lot of savings

- It is very easy to avoid monthly commissions
- Nearly 12,000 ATMs
- $25 minimum deposit
- Welcome bonus of 300 dollars fulfilling conditions
- High interest rates on CDs

- No fees and no requirements
- Nearly 60,000 ATMs
- Welcome bonus of 250 dollars fulfilling conditions
- High interest rates on CDs

- No fees no direct deposits
- Fee-free withdrawals from ATMs around the world
- Without minimum deposit
- No welcome bonus
- High interest rates on CDs

- No fees no direct deposits
- More than 60,000 commission-free ATMs
- Without minimum deposit
- No welcome bonus
- High interest rates on Savings

- No fees no direct deposits
- More than 50,000 commission-free ATMs
- Without minimum deposit
- No welcome bonus
- High interest rates on CDs and Savings

- Commissions of $10 if you do not meet requirements
- No fees at Citibank ATMs
- Without minimum deposit
- No welcome bonus
- High interest rates on CDs
Video with the best banks to open a checking account in 2023
We have also created a video featuring the best banks to open a checking account:
Pros
We have compiled a list of the advantages offered by the Wells Fargo account:
- Easy to avoid fees and commissions
- Excellent mobile app functionality
- Extensive network of nearly 12,000 ATMs across the United States
- Well-performing Wells Fargo CDs (Certificate of Deposit)
- Welcome bonus of $300
Cons
Now we will show you a list of all the disadvantages:
- Very low interest rates.
- $10 monthly commission if the requirements are not met.
- Fees for non-Wells Fargo ATM withdrawals.”
Requirements
he requirements to open a Wells Fargo Everyday Checking account are as follows:
- Age: You need to be over 17 years old. If you are just 17 years old, you will have to visit a Wells Fargo branch to open the account.
- Residency: You must reside in the United States and be able to provide proof of your residency.
- Initial Deposit: You are required to deposit $25 at the time of opening the bank account.
- Social Security Number: You need to have a valid Social Security number.
Conclusions and opinions
After the review, our opinion is that the Wells Fargo Everyday Checking Account is a competitive account because you can easily avoid fees, it has a large number of ATMs and branches, and it offers a $300 welcome bonus. However, the interest rate offered on savings accounts and certificates of deposit needs significant improvement as the rates are very low.
Video Wells Fargo checking accounts
We have created a comprehensive video detailing all the features of Wells Fargo checking accounts.
Learn more about Wells Fargo
We have created a table with general information about Wells Fargo.
Information | Description |
---|---|
Web | https://www.wellsfargo.com/ |
https://www.facebook.com/wellsfargo/ | |
https://www.linkedin.com/company/wellsfargo/ | |
https://twitter.com/wellsfargo/ | |
Phone | 1 (800) 869-3557 |
Anothers products of Wells Fargo
Here is a list with more information on other Wells Fargo products:
- CDs: here you have Wells Fargo Certificate of deposit review.
- Checking accounts: Here you can see all Wells Fargo checking accounts.
Related content
Finally, we show you related content about checking accounts:
Laurel Road Loyalty Checking for doctors
Are you interested in discovering all the details of Laurel Road Loyalty Checking designed specifically…
Laurel Road Loyalty Checking for nurses
Are you interested in discovering all the details of Laurel Road Loyalty Checking designed specifically…
Refinancing plus Laurel Road Linked Checking review
Are you interested in discovering all the details about Refinancing plus Laurel Road Linked Checking?…
Would you like to explore all the features of Laurel Road Loyalty Checking? Responsible Economy…
Laurel Road checkings accounts
¿Are you interested in learning about the checking accounts you can open with Laurel Road?…
Comerica Platinum Circle Checking review
Would you like to explore the full range of features that Comerica Platinum Circle Checking…
Comerica Premier Checking Account
Are you interested in discovering the complete set of attributes that Comerica Premier Checking offers?…
Comerica Rich Rewards Checking review
Do you want to know all the features of Comerica Rich Rewards Checking? Responsible Economy…
Do you want to know all the features of Comerica Access Checking? Responsible Economy has…
Updated the day 1 September, 2023 by Alfredo Barandiarán

Alfredo Barandiarán is not only passionate about finance and the economy, but also has more than 10 years of experience helping people find the best possible financial product. He has worked for 5 years at Iahorro and 2 years at Atrapacrédito. He has currently been running the financial comparator Responsible Economy for 3 years. I graduated in business from Complutense University of Madrid and has studied at ESIC and CEF. You can see all the professional experience of Alfredo Barandiarán on his LinkedIn profile