Wells Fargo Reviews

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About Wells Fargo

Wells Fargo (NMLS #399801), one of the biggest financial services companies in the country, provides home purchase and refinance loans in all 50 states. You can check rates online and then apply online, over the phone or in person with a local mortgage consultant. Loan options with Wells Fargo include conventional and government-backed loans, as well as jumbo loans and loans for new construction properties. As of the publishing date, Wells Fargo has temporarily suspended applications for home equity lines of credit (HELOCs).

Pros
  • Free online banking and mobile app
  • Free money transfers
  • Large selection of financial products
Cons
  • Low interest rates on savings accounts

Featured Reviews

Wauwatosa, WI
Verified purchase
Wells has always been responsive to questions and issues, both online and through my local bank. Their fraud department is first rate. When my credit card was compromised, they re...

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Rexburg, ID
Verified purchase
These guys are the best banking institution we have ever worked with. They protect your account fiercely and provide you the tools to manage your money wisely. Additionally they h...

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What is Wells Fargo Bank?

Wells Fargo provides banking, investment and mortgage services as well as commercial and consumer financing at 7,600 locations in 32 countries and territories around the globe. Wells Fargo mobile banking gives customers the ability to link their checking, savings, credit card and investment accounts all in one place. Customers can also deposit checks from their phones with the Wells Fargo app.

Wells Fargo financial services

Wells Fargo offers multiple products and services, including checking, savings accounts, credit cards and loans.

Wells Fargo checking accounts
Wells Fargo has five different options for personal checking accounts — Everyday, Preferred, Portfolio, Teen and Opportunity. Businesses can select from Simple, Choice Platinum and Analyzed checking accounts. Most personal and business checking accounts require a $25 deposit to open.
Wells Fargo savings accounts and CDs
Wells Fargo offers two savings account options, Way2Save and Platinum Savings. Wells Fargo also offers CDs, which require at least a $2,500 minimum opening deposit. CDs are available at fixed rates and step rates.
Wells Fargo loans
Wells Fargo offers multiple loan types, including student loans, auto loans and mortgage loans to help you buy, refinance or renovate a home. The bank offers low-APR personal loans and lines of credit ranging from $3,000 to $100,000. Wells Fargo also provides loans and lines of credit for businesses.
Wells Fargo credit cards
Wells Fargo has several credit card options. Almost all Wells Fargo cards have a cash back or reward program, and a few have no annual fee.
Wells Fargo retirement services
Wells Fargo offers traditional and Roth IRAs. You can also invest in mutual funds and manage your portfolio yourself or with the help of a Wells Fargo investment professional. The WellsTrade Mutual Fund Screened Listed makes investing simple by pre-screening mutual funds. Wells Fargo Advisors, a full-service brokerage, is available to customers to help with investment planning. You can also invest directly online and automate your investing through the Wells Fargo Intuitive Investor.
Wells Fargo merchant services
Wells Fargo makes running a business easy with payment processing that allows you to accept card payments onsite, online or wherever you might be. Mobile payments are available for Apple Pay, Google Pay and Samsung Pay. Wells Fargo benefits for business owners also include Clover point-of-sale systems customized fit your business needs.

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Wells Fargo Reviews

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    Page 1 Reviews 0 - 10
    PriceHonesty & Transparency

    Reviewed May 4, 2026

    Signed up for a Wells Fargo checking account years ago which I do not use regularly. I made sure to deposit the minimum needed to avoid monthly service fees. They silently began charging me a service fee after burying the notice in monthly statements (I have never overdrawn). They never sent a separate notification and had me agree to the new terms of service. DO NOT USE THEIR SERVICES. There's no telling what new hidden/surprise fees they will charge you and are unwilling to reverse these fees. They are able to steal from you by hiding behind shady rules and practices.

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    Staff

    Reviewed May 3, 2026

    They are the kinds of sorry but never help. Most worthless bank. If you have any money other than paychecks, run far from this bank.

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      Verified purchase
      StaffLoan ProcessTransparencyHonesty & Transparency

      Reviewed April 30, 2026

      A Volkswagen dealership put me in business with Wells Fargo with an auto loan. The dealership staff were extremely dishonest and told me that a total of more than $10,000 of additional products and services were required in order to get a loan. This was Gurnee Volkswagen. My spouse and I were both present and we were basically kept at the dealership in an effort to confuse and distort information which eventually worked. Horrific experience. After leaving the dealership, we were shaking. We soon realized looking at the documents, they had taken us to the cleaners and inflicted emotional harm on two older adults with severe medical problems.

      Wells Fargo Bank was contacted, and I informed them of the problems. Every detail of the horrific encounter was explained to the complaints department. We soon got a "kiss of" letter stating that basically we signed the papers and closed the case. Wells Fargo inflicted additional insult by sending us copies of the documents which we were already aware of. It is my belief that Wells Fargo does not care about the individual customer. I believe they are only concerned about the companies who pads their pockets with not only loan business, but financing additional products such as we were forced to buy.

      When we finally got the dealership to cancel some of the products, they sent a check to Wells Fargo bank to be applied to our account, but they are now refusing to do so. After speaking with several departments at Wells Fargo, none of them can nor will post the check (which they did cash) to the account. I contacted the dealership to inquire if they had cancelled the check or something; looking for any explanation for the actions of Wells Fargo but there are no reasons to be had except Wells Fargo Bank is playing games or else.

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      Customer ServiceContract & TermsPricePunctuality & SpeedRefunds & PayoutsStaffLoan ProcessTransparencyCommunication

      Reviewed April 29, 2026

      I had an extremely frustrating and disappointing experience with Wells Fargo during my mortgage loan process. What should have been a straightforward transaction turned into months of wasted time, unnecessary expenses, and poor communication. From the very beginning, I provided all necessary information about the property, including details that should have immediately flagged that the community only accepts FHA loans. Despite this, I was guided down the path of a conventional loan for weeks. This was not a small oversight—it was a fundamental mistake that any competent lender should have caught early in the process.

      As a result of their negligence, I was encouraged to move forward with steps that cost me money out of pocket, including an $882 appraisal, only to later be told that the loan type I had been pursuing was not even an option. This error alone reflects a serious lack of due diligence and professionalism. What made the situation worse was the lack of accountability and clear communication. I had to repeatedly follow up for updates, and critical issues were not addressed until far too late. By the time the mistake was acknowledged, I had already lost significant time and money, putting unnecessary stress on an already important financial decision.

      This experience has been incredibly disappointing. When working with a lender—especially on something as significant as a home purchase—you expect accuracy, transparency, and guidance. Unfortunately, that was not my experience with Wells Fargo. I would strongly caution others to double-check everything and consider alternative lenders who take the time to thoroughly review details upfront and communicate effectively throughout the process.

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      Reviewed April 28, 2026

      I've recently opened a checking account with $160,000.00 and within 2 days, these soulless monsters began snide little tricks to hold up any financial obligations I have to meet on a timely basis. After expressing my desire to withdraw my funds and close the account, I was told that my recent spending was erratic and suspicious. Whoever asked for any money advice? Certainly I never did. In essence, they should be shut down and dissolved!

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      Customer ServiceStaffBilling

      Reviewed April 27, 2026

      1) 3 bars of music repeated over and over on hold for 30 min. Imagine listening to only 3 bars of la-la-lala-la-la-lala-la...for 30 min over and over - that is the first crazy offensive non-sensitive customer treatment. Then you finally get through and try to ask agent to please allow customers to choose option for no music, and then that never gets fixed, again every year to year every time you call they cannot even provide full song, or option for peace during 30 min holds, or play something else than 3 music bars over and over - that is mental abuse!

      2) They freely without any notice change master data records, all the time. Business Checking for example they place ridiculous ATM limits that even personal checking ATM limit is higher, while having high $$$ amount on accounts, they dare to limit you at ATM without notice, without being allowed to change your master data limit defined, to totally shut you from operation, or timely payment. Terrible!!!! 3) They never give business checking allowed credit - I am over 18 years with them, never once, after my successful business operation were they willing to give credit for anything - terrible services and inhumanly repetitive, rethermed music treatment!

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      Customer ServiceContract & TermsStaff

      Reviewed April 24, 2026

      One star is actually too much for this branch since Mrs. K. ** left this office! For many years my wife and I have been a customer at this Branch and knew Mrs. Karina ** since she starting to work at this office, a person we trusted, when we lived in Boston and She was our preferred Banker!! Since she left this Branch, service became a joke, unprofessional worker took over handling our account and being very rude on the phone with me, interrupted me while talking to her, when she complained about my wife's email she received after writing my wife a FORM letter, like we were customers NOT KNOWING the rules, regulations and bank agreements!! We are really not appreciating this kind of treatment and we are appalled how this ended! This Branch is going down like a sinking ship, with the kind of service been provided from now on!!

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      Customer ServicePriceStaffBillingLoan ProcessRates

      Reviewed April 23, 2026

      I have to agree that Wells Fargo has terrible customer service and overall attitude. I have been with them since 2010 and had 5 credit cards with stolen identity. Twice fraudulent charges were on my card when my card was being mailed to me. It seems like it's an inside job. When you call for customer service, be prepared for an hour long phone call and hope your problem gets resolved. They have terrible rates for loans and overall just don't seem to care about you the customer. So sad.

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      Punctuality & SpeedStaffResolution

      Reviewed April 23, 2026

      Representative Jackie from the Second Level of Escalations loses her patience with the customer very easily; adapting a defiant tone, she quickly issues a "yes or no" ultimatum regarding her proposal—which defeats the very purpose of the conciliation being sought. A terrible employee.

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      Customer ServiceRates

      Reviewed April 20, 2026

      Wells Fargo is garbage -- worst customer service and interest rates.

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      Wells Fargo fees

      Wells Fargo’s monthly service fees for checking accounts range from $0 to $30, though service fees are waived for teenagers and college students between 17 to 24 years old. Monthly service fees for business checking accounts range from $10 to $40. The bank charges a $5 or $12 monthly fee on savings accounts. Wells Fargo's checking account fees can be avoided by maintaining a specific average balance or completing a minimum number of transactions each month. Also, expect fees for late credit card payments and overdraft charges unless your checking and savings accounts are linked.

      Wells Fargo check cashing fee
      You only have to pay a Wells Fargo Bank fee to cash a check if you don’t have an account. The cost for nonmembers to cash a check at a Wells Fargo bank is $7.50.
      Wells Fargo transfer fee
      It costs $0 to transfer money between Wells Fargo accounts or for bank-to-bank transfer service.
      Wells Fargo overdraft fee
      Wells Fargo charges a $35 overdraft fee per item.
      Wells Fargo ATM fee
      ATM fees are $0 for Wells Fargo customers when they use a Wells Fargo ATM. Cash withdrawals at non-Wells Fargo ATMs are $2.50 each, and account balance inquiries are $2 each.
      Wells Fargo foreign transaction fee
      Wells Fargo’s foreign transaction fees reach up to 3% on some accounts. Outside of the U.S., ATM cash withdrawals are $5 each and ATM accounts transfers are $2 per transfer.
      Wells Fargo cash advance fee
      Wells Fargo’s cash advance fees are up to $12.50 per transaction. Credit advances vary based on the account.

      Wells Fargo Bank FAQ

      Does Wells Fargo have 24/7 customer service?

      Yes, Wells Fargo has 24/7 customer service available by phone and online.

      Is Wells Fargo a commercial bank?

      Yes, Wells Fargo provides commercial banking services and products for individuals and businesses.

      What states have Wells Fargo banks?

      Wells Fargo has locations throughout the U.S. in all states except Hawaii, Oklahoma, Missouri, Michigan, Indiana, Ohio, Kentucky, West Virginia, Louisiana, Vermont, New Hampshire, Massasschetts, Rhode Island and Maine.

      What are Wells Fargo’s dealer services?

      Wells Fargo’s dealer services provide indirect auto financing, commercial products and banking services to auto dealers.

      How old do you have to be to open a bank account at Wells Fargo?

      You can open a Wells Fargo account with a parent or guardian at 13 years old. You must be at least 18 years old to open an account on your own.

      Is Wells Fargo a good bank?

      Wells Fargo offers many options to handle your financial needs, including checking and savings accounts, credit cards, investments and loans. Compared to other banks, interest rates and fees are average. Overall, Wells Fargo’s products and services are robust and allow you the convenience to bank however and wherever you like.

      Wells Fargo Company Information

      Company Name:
      Wells Fargo
      Year Founded:
      1852
      Address:
      420 Montgomery Street
      City:
      San Francisco
      State/Province:
      CA
      Postal Code:
      94104
      Country:
      United States
      Website:
      www.wellsfargo.com