Business Platinum Savings Account
Save wisely
Whether preparing for unexpected expenses or growing your business, your savings goals are within reach
A Wells Fargo Business Platinum Savings account is for businesses with higher balances typically looking to save for future expansion or taxes. Benefits include:
- Optional Overdraft Protection. Use your Business Platinum Savings account to help protect your Wells Fargo business checking account from overdrafts
- Online access. Manage your accounts with Wells Fargo Business Online® and Wells Fargo Mobile ®
- Convenience. Access approximately 4,600 Wells Fargo banking locations and more than 11,000 Wells Fargo ATMs
Account Details
Monthly service fee
Avoid the $15 monthly service fee with one of the following each fee period:
- Linked Navigate® or Optimize® business checking account
- $10,000 minimum daily balance
- Own a Premier® Checking, Private Bank Checking, or Private Bank Interest Checking account
Monthly deposits
The following deposits are included at no charge:
- First 20 deposited items per fee period
- First $5,000 in cash deposits processed per fee period
Minimum opening deposit: $25
Learn more about fees that apply to Savings accounts in the Business Account Fee and Information Schedule.
What You Get
With this Business Platinum Savings account you get:
- Interest compounded daily and paid monthly
- Check writing ability
- ATM access with a business ATM card or business deposit card
- FDIC insurance up to applicable limits
- Telephone access to our Small Business Customer Service, 7 days a week
Access articles, tips, and videos to help you grow your business.
The lowest ending daily balance recorded during the fee period after all transactions have gone through nightly processing.
We calculate both your APY and APYE according to formulas established by federal regulations. The APYE appears on your account statement
Overdraft Protection is not available for Government accounts, Interest On Lawyer Trust Accounts (IOLTA) or Real Estate Trust Accounts (RETA).
Availability may be affected by your mobile carrier's coverage area. Your mobile carrier's message and data rates may apply.
Customers who own a Premier Checking, Private Bank Checking, or Private Bank Interest Checking account and own a business with an Initiate Business Checking, Navigate Business Checking, Business Market Rate Savings, or Business Platinum Savings will have their monthly service fee waived on the business account(s). Customer must be an individual owner, joint owner, or trustee of the Premier Checking, Private Bank Checking, or Private Bank Interest Checking account and be a business owner with transaction authority on the business account. If a business has multiple owners, the benefit will apply as long as one of the owners has a Premier Checking, Private Bank Checking, or Private Bank Interest Checking account. In the event a customer no longer has a Premier Checking, Private Bank Checking, or Private Bank Interest Checking account, that customer is no longer eligible for the monthly service fee waiver benefit.
Current Deposit Rates for -
A copy of the then-current rate sheet will be provided to you before you open your account or is available at any time upon request from a banker.
See the Business Account Fee and Information Schedule and Deposit Account Agreement for additional business account information.
Wells Fargo Bank, N.A. Member FDIC.
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