Wells Fargo Everyday Checking review

Written by: Beth Deyo
• Updated •2 min read
This date may not reflect recent changes in individual terms.
Young woman sitting in front the bank, accessing her Wells Fargo checking account on her mobile phone.Image: Young woman sitting in front the bank, accessing her Wells Fargo checking account on her mobile phone.
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In addition to offering the ability to open checking accounts, Wells Fargo also offers a wide range of financial products and services, including savings and CDs, credit cards, personal loans, home loans, auto loans, investing and more. It also offers business banking services. Some customers appreciate the convenience of having a “one-stop shop” banking option.

Potential trust issues

Opening an account at Wells Fargo may give you pause because of several scandals in recent years. For example, the company agreed to pay a $3 billion settlement to resolve criminal charges arising from Wells Fargo employees fraudulently opening customer accounts to meet sales goals between 2002 and 2016.

Also, in 2021, the bank admitted to overcharging and providing false information to commercial customers, resulting in a $72.6 million settlement and civil penalties.

Easy banking access

Because of the large number of brick-and-mortar branches and ATMs, it’s easy to access Wells Fargo’s banking services from many places in the U.S. Access to online banking allows you to take care of most transactions at any time, from wherever you happen to be, and you can also reach a Wells Fargo representative online or over the phone 24 hours a day, seven days a week.

Not sure if Wells Fargo checking is right for you? Consider an alternative.

  • Discover checking: Discover may be a good option to consider if you want to earn cash back on debit card purchases. 
About the author: Beth Deyo is a personal finance freelance writer with a bachelor's degree in Finance from the University of South Florida. She is also a Certified Financial Planner™ with 14 years of wealth management experience. She … Read more.