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Wells Fargo Everyday Checking account review

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An everyday checking account offering a handful of convenient features.’s rating: 3.0 / 5.0


With a low initial deposit and no monthly account minimum, this everyday checking account is ideal for college students or those with low account balances. It’s easy to access your money with handy mobile apps and more than 13,000 ATMs. But you won’t find branches in all 50 states.

$10 per month





Minimum deposit to open


Fee$10 per month
To waive the fee• Maintain a $1,500 minimum daily balance
• OR $500+ in total qualifying direct deposits
• OR 10+ posted debit card transactions (purchases or payments of bills)
• OR linked to a Wells Fargo Campus ATM or Campus Debit Card
Minimum deposit to open$25
Intro or bonus offerGet up to $400 bonus when you open a Wells Fargo consumer checking account with a minimum opening deposit of $25 by December 31, 2019. Conditions apply.
ATMsMore than 13,000 Wells Fargo ATMs nationwide
ATM transaction fee$0
Out-of-network ATM fee$2.50 at US ATMs or $5 at ATMs outside the US (Wells Fargo Campus Cardholders receive up to four withdrawal transactions at no charge by Wells Fargo during each monthly fee period. Fees charged by non-Wells Fargo ATM owners/operators also apply unless waived by your account terms)
Overdraft fee$35
Nonsufficient funds fee$15

Expert review

Peter Carleton

Review by

Peter Carleton is a writer that covers banking and investing, breaking down what you need to know about where you put your money. When Peter's not thinking about cutting-edge banking apps and robo-advisors, he runs a creative agency and spends his spare time cooking or reading.

Expert review

The Everyday Checking account is a great option for those looking to budget and manage their finances. It offers a few standard checking account features and additional perks that make it easy to access your money when you need it.

While there is a monthly maintenance fee, Wells Fargo gives several ways to avoid it through transactions, a minimum daily balance, minimum direct deposit and more. Just keep an eye out for other miscellaneous fees for common situations like replacing a lost card or having to stop a payment that can add up quickly.

How do I open a Wells Fargo Everyday Checking account?

You can open a Wells Fargo Everyday Checking account at a branch or online through the following steps:

  1. Go to the provider’s site and follow the steps to apply.
  2. From the Wells Fargo website, hover over Banking and Cards, then click Checking Accounts.
  3. Scroll down to Everyday Checking and click Open Now.
  4. Choose between an individual or joint account and sign in if you’re already a Wells Fargo online banking customer.
  5. Enter your personal information, verify all details and click Continue.
  6. Choose your account options, fund your initial deposit and review the terms.
  7. Submit your application.


Before your application is approved, you’ll need to meet a few eligibility requirements:

  • Make a minimum deposit of at least $25
  • Have a valid Social Security number or tax ID
  • Have a valid state-issued ID
  • Have a valid US address

Required information

Throughout your application, you’ll be asked for the following information:

  • Name and date of birth
  • Address
  • Social Security or tax ID number
  • Driver’s license or other state-issued ID
  • Contact information
  • Employment information

What are the benefits of the Wells Fargo Everyday Checking account?

  • Easy access. Your debit card comes with fee-free access to over 13,000 ATMs and 5,800 branches.
  • Security. Wells Fargo is one of the Big Four banks, making it a safe place to store your money.
  • Wide-ranging support. Wells Fargo offers 24/7 customer service by phone.
  • Convenient mobile app. Download the mobile app to send payments, deposit checks and more.
  • Overdraft protection. Choose from two optional overdraft services that ensure your transactions are covered.
  • Mobile wallet. Set up your mobile wallet that’s compatible with Apple, Google and Samsung pay to make purchases using your phone.

Wells Fargo ATM network and fees

This account comes with a Wells Fargo Visa debit card, allowing you to make purchases almost anywhere. Plus, you’ll get fee-free access to over 13,000 Wells Fargo ATMs and 5,800 branches. However, if you use a non-Wells Fargo ATM, you could pay:

  • Domestic ATM fees: $2.50 per withdrawal, transfer or inquiry — plus fees from the ATM owner.
  • Foreign ATM fees: $5 per withdrawal — plus fees from the ATM owner.

What should I look out for?

  • Opening deposit. This account requires a $25 minimum deposit to open.
  • Monthly service fee. There’s a $10 monthly service fee, unless you can meet one of the following requirements each month:
    • 10 or more debit card purchases or payments
    • Qualifying direct deposits totaling at least $500
    • Linking a Wells Fargo Campus ATM or Campus Debit Card
    • Primary account holder is 17 to 24 years old
  • Overdraft fees. You’ll be charged $35 for each debit card transaction that overdraws your account.
  • Miscellaneous fees. Wells Fargo generally has higher fees than smaller institutions, so you can expect to be charged for replacing lost cards, stop payments and more.
  • Longer processing times. Wells Fargo doesn’t process transactions on weekends, which could be why some customers complain about long processing times.
  • Limited branch availability. Wells Fargo has no branches in HI, KY, LA, MA, ME, MO, NH, OK, RI, VT or WV.

To get the full scope on what’s available and fits your financial needs, check out our guide to checking accounts.

Case study: Adrienne’s experience – April 2019

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Adrienne Fuller

I opened a Wells Fargo student checking account in college when I moved out of the region of my neighborhood bank. When I graduated, it automatically converted into an Everyday Checking account.

  • The monthly fee isn’t great for an everyday checking account, but I do have direct deposit set up, so it’s waived.
  • In my younger days, I overdrew quite a bit. And though the Overdraft Protection is billed as a benefit, it’s really not when you sit down and think about it. Looking back, I would’ve rather had a transaction declined than pay a hefty overdraft fee every time I overdrew.
  • I’ve also been billed for free checks before, which was annoying but easy to resolve.
  • When traveling in a state without a Wells Fargo, it’s hard to find a free ATM, which is a negative for a major bank.

All in all, there aren’t a lot of bells and whistles to make this account a clear winner for me and I’d probably be just as satisfied with my local credit union or online checking with free ATM access.

Compare with other checking accounts

Name Product Minimum deposit to open ATMs Out-of-network ATM fee
Chase Total Checking
Access to 16,000 ATMs and nearly 4,900 branches nationwide
Get a $200 bonus when you open a new Chase Total Checking account and set up direct deposit within 60 days of opening your account. Chase's simplest checking account is easy to use and gives you access to 16,000 ATMs and nearly 4,900 branches. Available online nationwide except in Alaska, Hawaii and Puerto Rico.
HSBC Advance Checking
Surcharge-free HSBC ATMs nationally and internationally, plus up to four rebates a month for using non-HSBC ATMs in all US states except New York
Get up to $270 (max. $50 per month) for eligible new customers who open an HSBC Advance checking account. Conditions apply. Deposit products are offered in the US by HSBC Bank USA, N.A. Member FDIC.
BBVA Online Checking
No ATM fees nationwide at more than 64,000 AllPoint, participating 7-Eleven and BBVA USA ATMs
A full-service account with convenient, surcharge-free access to two massive ATM networks, plus a $200 signup bonus when you meet deposit requirements
Aspiration Spend & Save Account
55,000 free in-network ATMs
Deposits are fossil fuel-free. A spend and save combo account with unlimited cash back rewards and deposits insured by the FDIC.
SoFi Money
SoFi Money® is a cash management account that charges no account fees to save, spend, and earn cash back rewards when you spend on brands you love.
NorthOne Business Banking
More than 300,000 ATMs across America.

A digital bank account featuring free cash deposits, on-demand customer support and streamlined bookkeeping integrations.

Compare up to 4 providers

How much do I need to open an account?

This account requires a minimum deposit of $25, due when you open the account.

What other checking options does Wells Fargo offer?

If the Everyday Checking account isn’t right for you, Wells Fargo offers a few other checking options:

  • Wells Fargo Teen Checking. This no-fee checking account is designed for teens with optional parental controls and more.
  • Wells Fargo Preferred Checking. Ideal for customers with high balances, this checking account pays interest and has a monthly fee that’s easy to avoid.
  • Wells Fargo Opportunity Checking. While you can only open this account if you don’t qualify for other Wells Fargo accounts, it can help you get back on financial track.
  • Wells Fargo Portfolio Checking. This account pays bonus interest rates and offers a range of benefits and rewards — but watch out for high monthly fee.

Frequently asked questions

Checking account ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.

Read the full methodology of how we rate checking accounts.

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