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Truist Bank vs Wells Fargo


 

Truist Bank

Wells Fargo

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Simple Business Checking - Learn More

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IRA Certificate of Deposit - Up to 4.50% APY - Learn More

Read Wells Fargo Review

 

Benefits and Features

Savings 0.15% APY. Minimum opening deposit of $25. Monthly service fee of $5, unless you maintain a minimum daily balance of $300, make 1 automatic transfer each fee period of $25 or more from a linked Wells Fargo checking account, make 1 automatic transfer each business day within the fee period of $1 or more from a linked Wells Fargo checking account, make 1 or more Save As You Go┬« transfers from a linked Wells Fargo checking account, or primary account owner is 24 years old or under.
CD Standard Fixed Term CD available online: 1.50% to 4.50% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Bonus of up to 4.51% APY if you maintain a linked Portfolio by Wells Fargo relationship. More CD terms are available in branch.
Checking Clear Access Banking, Everyday Checking, Portfolio by Wells Fargo
Money Market Also known as the Platinum Savings Account. 0.25% - 2.50% APY. Minimum opening deposit of $25. $12 monthly service fee, unless you maintain a minimum daily balance of $3,500. Bonus APY of 2.51% requires account linked to Portfolio by Wells Fargo relationship.
Customer Service Available 24 hours a day, 7 days a week.
ATMs More than 12,000 ATMs across the country.
IRA CD Standard Term CD: 0.01% to 4.50% APY. Terms of 1 month to 144 months. Minimum deposit of $1,000. Bonus of up to 4.51% APY if you maintain a linked Wells Fargo Prime/Portfolio Checking account.
IRA Money Market Also known as Retirement High Yield Savings. 0.25% - 2.50% APY. $100 minimum opening deposit.
Locations Approximately 4,500+ retail banking branches coast to coast.
 

CreditDonkey® Reviews

SavingsStarStarEmpty StarEmpty StarEmpty Star
CDStarStarStarHalf StarEmpty Star
CheckingStarStarStarStarHalf Star
Customer ServiceStarStarStarStarHalf Star
Mobile AppStarStarStarStarStar
Pros & ConsPros:
  • Low requirements for Everyday Checking
  • Full service bank
  • 24/7 customer service
Cons:
  • Low savings rates
  • Not in all states
Bottom LineA "big 4" bank with a good range of checking accounts and full services... Read full review

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Truist Bank: Information sourced from the published website as of 10/31/2023.

Wells Fargo: Pricing information from the published website as of 12/05/2023 is based on the 91107 zip code.


Articles on Truist Bank

Truist Bank Problems

Truist may be one of the largest banks in the U.S. But it doesn't mean you won't experience problems with them. Read on for your possible solutions.

Articles on Wells Fargo

Wells Fargo Bank Review

Wells Fargo offers nationwide access with thousands of ATMs and branch locations. But are their checkings and savings accounts right for you? Read on to see the best options.

Wells Fargo Bank Hours

Wells Fargo is one of the biggest banks in the country. Here's when you can visit a branch near you.

Wells Fargo Routing Number

Not all routing numbers are the same for Wells Fargo. Here's how to find the routing number for your bank account.

Which Do You Think is Best?





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