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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

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.

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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.