Wells Fargo Premier Checking Account review

Checking account that provides multiple benefits in the form of financing discounts, higher returns on savings accounts and certificates of deposit (CDs), free checks, fee-free ATMs worldwide, and many other advantages.


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Commissions
Account management: $ 25 monthly, which you can avoid with a combined balance of $250,000
Check deposit: $ 0
Check writing: $ 0
Transfers: $ 0
Profitability
APY: 0.50%
Rate of interest: Fixed
Interest settlement: Monthly
Comment: 0.25% APY for balances up to $100,000
Advantage
Checkbook: With checkbook
Requirements
Minimum deposit: $ 25

Additional information of Premier Checking Account

Wells Fargo Premier Checking AccountWells Fargo Premier Checking account is designed primarily for high net worth individuals who want to benefit from a premium account with multiple benefits.

Although to open it is not necessary to meet many requirements, just be of legal age, reside legally in the United States and pay the opening $25 USD, in order to save the $35 monthly maintenance fee, the condition is more restrictive.

To avoid the monthly payment it is necessary to have a combined balance of at least $250,000 dollars between the account itself and other linked accounts that qualify at Wells Fargo.

This condition is what makes Premier Checking not an account for everyone, although you can contract it, the benefits will surely not compensate you for the monthly payment.

If you cannot meet the requirement, we recommend that you choose other more accessible accounts at Wells Fargo, such as Everyday Checking or Clear Access Banking Account.

What benefits does the Wells Fargo Premier Checking account offer?

With this banking product, you have multiple advantages, among which you will find:

  • Free and unlimited issuance of standard checks and cashier's checks.
  • Balance paid at up to 0.50% APY.
  • Free use of any ATM in the world. Commissions charged by other operators will be refunded.
  • Higher returns on savings accounts and certificates of deposit.
  • Lower interest on personal loans.
  • 2% discount on currency exchange.
  • Free linked accounts.

En español: Cuenta Premier Checking