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Small business savings accounts

CA, 94105 Change Location
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Find the account that’s right for your business

Savings, made easy

Business Market Rate Savings account

Best for

  • Lower balances
  • Starting to save or saving for unexpected expenses

Monthly service fee

$5

Avoid this fee with $300 minimum daily balance OR a total amount of $25 or more of automatic transfers from a Wells Fargo business checking account into this savings account

Benefits

Optional overdraft protection for your linked business checking account

What you need to apply

$25 minimum opening deposit

Learn more Apply now
Apply now Learn more
Make an appointment at a branch
Earn more interest on your balances

Business Platinum Savings account

Best for

Better interest rates for higher balances

Monthly service fee

$15

Avoid the monthly service fee with one of the following options each fee period: 

  • Linked to Navigate Business Checking®
  • Linked to Optimize Business Checking®
  • $10,000 minimum daily balance

Benefits

Optional overdraft protection for your linked business checking account

What you need to apply

$25 minimum opening deposit

Learn more Apply now
Apply now Learn more
Make an appointment at a branch
Typically our highest interest rates

Business Certificates of Deposit (CDs)

Best for

Fixed interest rate for a specific length of time

Monthly service fee

No monthly service fee

Terms

Flexible term options from 1-2 months to a year or more

What you need to apply

$2,500 minimum opening deposit

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Your new business savings account is just around the corner

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Reasons to choose a Wells Fargo business savings account

Optional overdraft protection
Use your savings account to help protect your checking account from overdrafts
Online access
Manage your accounts with Wells Fargo Business Online® and Wells Fargo Mobile®
Convenience
Access over 4,000 Wells Fargo banking locations and more than 11,000 Wells Fargo ATMs
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Business Savings FAQs

You can apply for most of our checking and savings accounts through our online application or in a local branch.
Business deposit cards are available. These can be utilized 24/7 by employees, runners, and couriers to make cash and check deposits at a Wells Fargo ATM. The cards are "deposit only" and prohibit the ability to withdraw cash and see account activity. When the business deposit card is used to make an ATM deposit, account balances are neither displayed on the ATM screen nor printed on the ATM receipt.
To set up a recurring transfer between your eligible Wells Fargo business accounts, sign on to Wells Fargo Business Online Banking®, then select the Transfer & Pay tab.
You can change the checking or savings product by visiting your local Wells Fargo branch, or if you prefer, you can call Small Business Customer Service at 1-800-225-5935.

You will be asked to complete and sign documentation that includes:

  • Information about your business
  • Information about the owners of your business
  • If applicable, entities with ownership of your business
  • An individual with significant management responsibility of your business
  • Your authorization for us to check your credit (no impact to credit score)

Learn more

Overdraft Protection is available from your eligible Wells Fargo business savings account or Wells Fargo business credit account. To set up Overdraft Protection, call Small Business Customer Service at 1-800-225-5935 or sign on to Wells Fargo Business Online®.

How can we help?

Terms and conditions apply. Mobile carrier's message and data rates may apply. See Wells Fargo's Online Access Agreement for more information.

Overdraft Protection is not available for Government accounts, Interest On Lawyer Trust Accounts (IOLTA) or Real Estate Trust Accounts (RETA).

The monthly service fee for Wells Fargo Fixed Rate CDs is $0. The minimum opening deposit for a Standard Fixed Rate CD is $2,500, unless otherwise noted. The minimum opening deposit is subject to change, as shown on wellsfargo.com/savings-cds/rates.

You may pay an early withdrawal penalty or a Regulation D penalty if you withdraw funds from your account before the term is complete. Some exceptions may apply. Penalties could reduce earnings on this account. The early withdrawal penalty amount is calculated and deducted from any earned interest. If the penalty is greater than the earned interest, the remaining penalty amount is deducted from the principal of the account.

The Regulation D penalty is seven days’ simple interest on the amount withdrawn and applies to:

  • Withdrawals made within seven days of account opening including the day the account was opened.
  • Withdrawals made during the grace period, when additional deposits are made during the grace period and the withdrawal exceeds the amount of the matured CD balance.
  • Withdrawals within seven days of any prior withdrawal where the Bank’s early withdrawal penalty is not applied.

Other than the Regulation D penalty described above, any money withdrawn from the CD before the end of its term will be subject to an early withdrawal penalty based on the length of the CD term. If your term is:

  • Less than 90 days (or less than 3 months), the penalty is 1 month's interest,
  • 90 to 365 days (or 3-12 months), the penalty is 3 months' interest,
  • Over 12 months through 24 months, the penalty is 6 months' interest, or
  • Over 24 months, the penalty is 12 months' interest.

See the Consumer Account Fee and Information Schedule and Deposit Account Agreement for additional consumer account information.

Availability may be affected by your mobile carrier's coverage area. Your mobile carrier's message and data rates may apply.

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Wells Fargo Bank, N.A. Member FDIC.

QSR-05072026-7276482.1.1

LRC-1124