Advertiser Disclosure

Wells Fargo Optimize Business Checking Account

in Business Checking Accounts from Wells Fargo Bank · fdic

Unaffiliated

Wells Fargo Optimize Business Checking Account

Unaffiliated

in Business Checking Accounts from Wells Fargo Bank · Member FDIC

Net Recommendation Score -100

0 users recommend

0 users are unsure

1 user doesn't recommend

Browse Reviews: 0 Recommendations | 1 Complaints

Highlights
Community Rating	Rating not yet determined
Monthly Fee	$75
ATM Fee: Out-of-Network	N/A
Minimum Balance to Avoid Monthly Fee	N/A
APY (Annual Percentage Yield)	N/A

Wells Fargo Optimize Business Checking Account Review

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

Key Takeaways

Charges a monthly fee. This account charges a monthly service fee of $75.
Bill pay. Pay your bills to practically anyone in the United States through Wells Fargo Bank.

Wells Fargo Optimize Business Checking Account Pros & Cons

Pros	Cons
Available in all 50 states. Access to physical branches. Free debit card and the option to lock/unlock the card if lost or stolen Access to a nationwide network of ATMs. No charge on incoming domestic or international wire transfers.	No signup bonus. Does not earn interest. Higher than average wire transfer fees. Monthly service charge.

Wells Fargo Optimize Business Checking Account FAQ

Are business checking accounts from Wells Fargo Bank federally insured?

Yes, your Wells Fargo Bank business checking accounts 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 Optimize Business Checking Account offer?

Wells Fargo Optimize Business Checking Account is not an interest bearing account.

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

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

Wells Fargo Optimize Business Checking Account Account Minimums
Description	Amount
Minimum Initial Deposit	$25

What fees does Wells Fargo Optimize Business Checking Account charge?

This account charges a monthly maintenance fee of $75.

Wells Fargo Optimize Business Checking Account Fees
Description
ATM Fee: In-Network	$0
Check Cashing Fee	$7.50
Check Image Service	$2
Foreign Transaction Fee (Debit Card)	3%
Monthly Fee	$75
NSF Fee	$35
Online Bill Pay Fee	$0
Overdraft Item Fee	$35
Overdraft Protection Fee (per transfer)	$12.50
Paper Statement Fee	$0
Returned Deposit Fee (Domestic)	$12
Returned Deposit Fee (International)	$12
Stop Payment Fee	$0
Wire Transfer Fee - Domestic (Incoming)	$0
Wire Transfer Fee - Domestic (Outgoing)	$30
Wire Transfer Fee - International (Incoming)	$0
Wire Transfer Fee - International (Outgoing)	$45

What features and perks does Wells Fargo Optimize 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 Optimize 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 Optimize 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.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.