Wells Fargo Preferred Checking is part of the Preferred Checking Package. It is a great choice if you want to earn interest on your checking account and have a bundled savings account to save automatically. Plus you get quick and convenient online and mobile access to your funds.
Common checking account fees
Learn about the common account fees for Preferred Checking. View Account Fees (PDF)*
Ways to avoid the monthly service fees on your Preferred Checking Package
|Preferred Checking account||Wells Fargo Way2Save® Savings account|
Avoid the $13 monthly service fee with online-only statements ($15 with paper statements) on your Preferred Checking account when you open it as a complete package and have one of the following each fee period:
Avoid the $5 monthly service fee on your Wells Fargo Way2Save Savings account when you choose one of the following each fee period:
Minimum opening deposit
Open your Preferred Checking Package with only $75:
- $50 for the Preferred Checking account.
- $25 for the Wells Fargo Way2Save Savings account.
A Preferred Checking Package opened online includes a Preferred Checking account, a Wells Fargo Way2Save Savings account, Online Banking with Bill Pay, and a debit card.
For Way2Save Savings you need to set up and maintain at least one qualifying automatic savings transfer option (monthly, daily or Save As You Go®) from a Wells Fargo checking account. If the automatic transfer does not occur in any monthly service fee period, the monthly service fee will apply.
$50 minimum opening deposit for Wells Fargo store and business banking locations. For Wells Fargo Phone BankSM or Wells Fargo Online® Banking, the minimum opening deposit is $25.
Subject to applicable transfer or advance fees.
You must maintain a minimum balance of $500 each day to obtain the variable Annual Percentage Yield (APY). This account will not earn interest on any day the balance falls below $500.