Wells Fargo Navigate Business Checking Account

Wells Fargo Navigate Business Checking Account Review

Wells Fargo Navigate Business Checking Account is offered by Wells Fargo Bank, a bank founded in 1852 and based in San Francisco, CA. Wells Fargo Navigate Business Checking Account are available in 50 states (and Washington, DC).

Key Takeaways

• Charges a monthly fee. This account charges a monthly service fee of up to $25, but the fee is waived if you keep a minimum balance of $10,000.
• Bill pay. Pay your bills to practically anyone in the United States through Wells Fargo Bank.

Wells Fargo Navigate Business Checking Account Pros & Cons

Wells Fargo Navigate Business Checking Account FAQ

Are business checking accounts from Wells Fargo Bank federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Wells Fargo Navigate Business Checking Account offer?

Wells Fargo Navigate Business Checking Account offers an APY starting at 0.01% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Wells Fargo Navigate Business Checking Account?

Wells Fargo Navigate Business Checking Account requires a minimum initial deposit of $25 to open an account.

What fees does Wells Fargo Navigate Business Checking Account charge?

This account charges a monthly maintenance fee of up to $25.

What features and perks does Wells Fargo Navigate Business Checking Account offer?

This account includes the following features:

• Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
• Fraud monitoring - Wells Fargo Navigate Business Checking Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Wells Fargo Navigate Business Checking Account allows you to manage your money online. This includes depositing checks in your account with your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.