Does wells fargo offer more than one savings account

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Wells Fargo Way2Save Savings account review

does wells fargo offer more than one savings account

If you have an existing Wells Fargo Debit or ATM Card, we will link your new account to it. If you have multiple cards, we will link it to the card most recently used.

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We're sorry, but some features of our site require JavaScript. Please enable JavaScript on your browser and refresh the page. Learn More. Open Now. Premium rates and easy access to your money with the option to write checks. Track spending, devise budget goals, set up account alerts, and efficiently manage monthly expenses online with Budget Watch. Your account safety has been our priority for more than years.

The Wells Fargo savings account interest rate is 0. If you have more money to deposit, Wells Fargo offers savings accounts with better interest rates, including a month promotional 2. Megabanks like Wells Fargo often have savings accounts with low interest rates. If you are looking for higher rates on your savings accounts, you will probably find better options at online banks. In addition to having accounts with higher yields, many have no monthly fees or minimum balance requirements. In addition to its basic savings account, Wells Fargo offers a Platinum savings account that earns slightly higher rates but also has a higher minimum balance requirement.

Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which MoneyCrashers. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. Advertiser partners include American Express, Chase, U. Bank, and Barclaycard, among others. The best way to ensure that you build wealth and avoid debt is to diligently plan and save as much money as possible for both future needs and desires. However, exactly how you handle your savings can depend greatly upon your financial habits. Some financial experts recommend setting up a simple savings account tied to your checking account, while others advocate opening multiple accounts to be used for various savings targets.

7 Reasons to Have Multiple Bank Savings Accounts – Pros & Cons

Do you want the convenience of a bundled checking and savings account or Once you understand the types of accounts most banks offer, you can begin to.
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The Wells Fargo Platinum Savings account is available in all 50 states and offers a debit card and checks for easy access. But you can find higher APYs with other savings products. And to get the highest APY, you have to call or go to a branch location. Peter Carleton is a writer that covers banking and investing, breaking down what you need to know about where you put your money. When Peter's not thinking about cutting-edge banking apps and robo-advisors, he runs a creative agency and spends his spare time cooking or reading.

We are committed to researching, testing, and recommending the best products. We may receive commissions from purchases made after visiting links within our content. Learn more about our review process. Wells Fargo was founded in as a bank designed to serve customers in California, many of whom arrived to take advantage of the Gold Rush. Through growth and a flurry of acquisitions, it became one of the largest banks in the United States, absorbing many major competitors, including Wachovia.


4 thoughts on “Does wells fargo offer more than one savings account

  1. Avoid the monthly service fee when you maintain one of these options: Fixed rates; Your choice of CD terms; CDs can pay higher interest rates than other a suite of FDIC-insured CDs (Time Accounts) and savings accounts that offer simple.

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