SuperMoney
  Wells Fargo Clear Access Banking

Wells Fargo Clear Access Banking

in Checking Accounts from Wells Fargo Bank · Member FDIC

Unaffiliated

Wells Fargo Clear Access Banking

Unaffiliated

in Checking Accounts from Wells Fargo Bank · Member FDIC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Wells Fargo Clear Access Banking to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Monthly Fee $0 - $5
ATM Fee: Out-of-Network $2.50
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0%

Wells Fargo Clear Access Banking Review

Wells Fargo Clear Access Banking is offered by Wells Fargo Bank, a bank founded in 1852 and based in San Francisco, CA. Wells Fargo Clear Access Banking is available in 50 states (and Washington, DC).

Key Takeaways
  • 0% APY. As with most checking accounts, Wells Fargo Clear Access Banking does not pay interest.
  • Charges a monthly fee. This account charges a monthly maintenance fee of up to $5.
  • $25 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
  • No ATM fees. Wells Fargo Clear Access Banking does not charge fees on ATM transactions.
  • Free bill pay. Pay your bills to practically anyone in the United States through Wells Fargo Bank.
  • Hard credit pull. Wells Fargo Bank may require a hard pull on your credit report to open a checking account.
Wells Fargo Clear Access Banking Pros & Cons
Pros Cons
  • $0 monthly service fee on your Clear Access Banking account when the primary account owner is 13 through 24 years old.
  • Available in all 50 states.
  • Access to physical branches.
  • Free debit card and the option to lock/unlock the card if lost or stolen
  • No signup bonus.
  • Does not earn interest
  • Higher than average wire transfer fees.
  • Monthly service charge.
  • Charges a higher than average fee on out-of-network ATM transactions.
Wells Fargo Clear Access Banking FAQ

Are checking accounts from Wells Fargo Bank federally insured?

Yes, your Wells Fargo Bank 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 Clear Access Banking offer?

Wells Fargo Clear Access Banking is not an interest-bearing account.

What are the account minimums for Wells Fargo Clear Access Banking?

Wells Fargo Clear Access Banking requires a minimum initial deposit of $25 to open an account.

Wells Fargo Clear Access Banking Account Minimums
Description Amount
Minimum Initial Deposit $25

What fees does Wells Fargo Clear Access Banking charge?

This account charges a monthly maintenance fee of up to $5.

Wells Fargo Clear Access Banking Fees
Description
Monthly Fee $0 - $5
Paper Statement Fee $0
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $2.50
NSF Fee $0
Overdraft Protection Fee (per transfer) $0
Overdraft Item Fee $0
Early Account Closure $0
Returned Deposit Fee (Domestic) $12
Debit Card Replacement Fee $0
Bank Teller Fee N/A
Check Cashing Fee N/A
Online Bill Pay Fee $0
Stop Payment Fee N/A
Check Image Service $0
Check Copy N/A
Foreign Transaction Fee (Debit Card) 3%
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Outgoing) $40
Wire Transfer Fee - International (Incoming) $16
Returned Deposit Fee (International) $12
Wire Transfer Fee - Domestic (Incoming) $15
ATM Reimbursement Monthly Limit N/A

What features and perks does Wells Fargo Clear Access Banking offer?

This account includes the following features:

  • Fraud monitoring - Wells Fargo Clear Access Banking 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 Clear Access Banking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
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.

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Initial Deposit $25
ATM Fee: In-Network $0
Check Image Service $0
Debit Card Replacement Fee $0
Early Account Closure $0
NSF Fee $0
Online Bill Pay Fee $0
Overdraft Item Fee $0
Overdraft Protection Fee (per transfer) $0
Paper Statement Fee $0
Foreign Transaction Fee (Debit Card) 3%
Monthly Fee $0 - $5
Returned Deposit Fee (Domestic) $12
Returned Deposit Fee (International) $12
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $16
Wire Transfer Fee - International (Outgoing) $40
ATM Fee: Out-of-Network $2.50
Bank Account Features
  • No ATM Fees
  • FDIC Member
  • Branch Access
  • Bauer Financial A+/A Rating
  • Debit Card
  • Free Bill Pay
  • Fraud Protection
  • Debit Card Lock/Unlock
  • Fraud Monitoring
  • Mobile Banking
  • Mobile Check Deposit
  • Teen Checking Account

Be the first to rate

 

Would you recommend Wells Fargo Clear Access Banking to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Other Checking Accounts

Wells Fargo Bank Checking Accounts

Loading...