Wells Fargo Preferred Checking is a great choice if you want to earn interest on your checking account. Plus you get quick and convenient Wells Fargo Online® and Wells Fargo Mobile® access to your funds.
Common checking account fees
Learn about the common account fees for Preferred Checking. View Account Fees (PDF)
Monthly service fee
Avoid the monthly service fee on your Wells Fargo Preferred Checking account with one of the following each fee period:
- Maintain $10,000 in combined minimum deposit balances, OR
- Qualifying total direct deposits of $1,000, OR
- Have a linked Wells Fargo Home Mortgage.
Otherwise, this account is $15 per month.
Minimum opening deposit
This checking account requires a minimum opening deposit of $25. Easy Wells Fargo Online Funding.
Interest Rate on Preferred Checking
|$0 - $499||0.00%|
|$500 or more||0.01%|
Your Preferred Checking account comes with:
- $10 discount on personal style checks
- No-fee cashier's checks
- Platinum Debit Card or linkage to your existing Debit Card
- Free access to Wells Fargo Online® with Bill Pay
- Account alerts to your mobile device or email
- Access to Wells Fargo Mobile
Protect yourself from overdrafts
When you apply, you can set up Overdraft Protection to help avoid overdrafts and returned items. We make it easy to set up when you apply.
Bank anywhere, anytime
Enjoy convenient access almost anywhere you go. With Wells Fargo you get free access to 13,000 Wells Fargo ATMs, and more than 6,000 retail banking stores. For even more convenience, you can access your accounts online or by mobile device.
View a comparison chart of our most popular accounts. View Chart
The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest rate and the frequency of compounding for a 365-day period. If you receive a periodic account statement, that statement will include the Annual Percentage Yield Earned (APYE) on your account for the period covered by the statement. The APYE is an annualized rate that reflects the relationship between the amount of interest actually earned on your account during the statement period and the average daily balance in the account for the statement period.