Wells Fargo BankSavings accountChecked Oct 10, 2026Updated
Wells Fargo Way2Save® Savings
0.01%APY on $10,000 · as of Oct 10, 2026
- A year on $10,000
- $1 after fees
- Monthly fee
- $5 a month
- To open
- $25 to open
Visit Wells FargoThe bank’s own page · checked Oct 10, 2026
What it earns in a year
Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.
| Balance | APY | A year, after fees |
|---|---|---|
| $1,000 | 0.01% | $0 |
| $5,000 | 0.01% | $0 |
| $10,000 | 0.01% | $1 |
| $25,000 | 0.01% | $2 |
| $50,000 | 0.01% | $5 |
| $100,000 | 0.01% | $10 |
Rate conditions
- Interest compounds
- dailySource · checked Oct 10, 2026
Fees
- Monthly fee
- $5 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Any one of these:
- $300 minimum daily balance
- 1 automatic transfer each fee period of $25 or more from a linked Wells Fargo checking account
- 1 automatic transfer each business day within the fee period of $1 or more from a linked Wells Fargo checking account
- 1 or more Save As You Go transfers from a linked Wells Fargo checking account
- Primary account owner is 24 years old or under
- Minimum to open
- $25Source · checked Oct 10, 2026
Who can open it
- Minimum age
- 13Source · checked Oct 10, 2026
Features
Automatic savingsBill payBranch accessDebit cardInterest bearingJoint accountsMinor accountsMobile check depositOnline openingZelle
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money