Would you like to learn about all the features, benefits, and requirements of Wells Fargo Prime Checking? Responsible Economy has conducted a comprehensive analysis of all the characteristics of Wells Fargo Prime, including fees, rates, requirements, and everything you need to know. We also provide a comparison with the best checking accounts. Let’s get started!
Video Wells Fargo Prime checking
We have created a concise video highlighting all the features of Wells Fargo Prime Checking. If you enjoy our content, we appreciate your support by subscribing to our YouTube channel. By subscribing, you’ll receive daily videos from us:
Features
We begin the analysis by seeing all the features of Wells Fargo Prime Checking:
Fees
When considering a bank account, fees play a crucial role. Wells Fargo Prime Checking comes with a monthly fee of $25, unless you maintain a balance of over $25,000 in your checking account or a combined balance of over $250,000 across all your Wells Fargo accounts.
Minimum deposit
Although there is no mandatory minimum deposit, you will need to deposit $25 to open the account.
Overdraft services
Prime Checking offers overdraft services, but it’s important to note that you will be subject to fees for each overdraft occurrence.
Zelle
With Wells Fargo Prime Checking, you can conveniently use the Zelle service for sending and receiving money without incurring any additional fees.
Summary table
Here is a summary table with these features:
Feature | Wells Fargo Prime Checking |
---|---|
Fees | $25 per month unless balance requirements are met |
Minimum Deposit | $25 to open the account |
Overdraft Services | Available with associated fees |
Zelle | Free usage for sending and receiving money |
Requirements
These are the minimum requirements you need to fulfill to open a Prime Checking account:
- You must be 18 years old or older (19 in Alabama).
- You must reside in the United States and be able to provide proof of your residency.
- You need to have a Social Security number.
- You must have an American phone number.
Documentation
The following documents will be required to open the account:
- Social Security number (or ITIN).
- Valid identification (driver’s license, state ID, Matricula card).
- $25 opening deposit online – you can easily transfer it from another account (new customers should have a check available).
Fees
As mentioned before, if you fail to meet the requirements, you will be subject to a $25 monthly fee. However, you can avoid this fee by fulfilling at least one of the following conditions:
- Maintain a balance of over $25,000 in your checking account.
- Have a combined balance of over $250,000 across all your Wells Fargo accounts.
Pros
We have compiled a table with all the advantages of Wells Fargo Prime Checking:
- Access to Certificates of Deposit (CDs) offering interest rates higher than 3%. Note that this offer is time-limited, so act fast.
- Interest rate discounts on select new loans.
- No fees for incoming wire transfers.
- Easy-to-use and intuitive mobile app.
Cons
Now, we present a list of the disadvantages:
- Monthly fee of $25 if the conditions are not met.
- Very low interest rates on the checking account.
- Fees for withdrawals made at non-Wells Fargo ATMs.
Best checking accounts in 2023
We have conducted a comparison of the Wells Fargo Checking account with the best checking accounts available 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 checking accounts
We have made a video comparing the best checking accounts:
How to open a Well Fargo Prime Checking
You can open the Prime Checking account through two different methods: online or at Wells Fargo branches. It is advisable to have all the required documentation prepared in order to expedite the application process.
Conclusion and opinions
After conducting the review, our conclusion is that Wells Fargo Prime Checking is not a competitive checking account because it requires you to meet certain requirements to avoid monthly fees, and the interest rate it offers is very low. However, it’s important to note that Wells Fargo is one of the leading banks in the United States, offering a wide range of financial services beyond checking accounts.
Learn more about Wells Fargo
We have made 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 |
Other Wells Fargo Products
Here we present a list of all Wells Fargo products:
Video Wells Fargo checking accounts
Here you can watch a video with the main features of Wells Fargo checking accounts:
Frequent questions
You can see here all the questions you ask us about Wells Fargo Prime Checking:
Content related
To finish the article, we leave you related content about bank accounts:
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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