Wells Fargo vs US Bank: Which Is Better?

US Bank offers a wide variety of account options and features catered to your every banking needs. With over 3,000 branches across 26 states, you are able to take advantage of both a personal and business checking account.

Comparatively, Wells Fargo Bank ranks as #1 in the country for availability. With over 6,000 branches available at your disposal, you can take advantage of their personal checking, business checking as well as savings options. However, to learn more about both banks, definitely continue reading below!

	US Bank	Wells Fargo
Locations	Nearly 3,000 branches (Locator)	6,000+ Branches (Bank Locator)
ATMs	More than 4,700 ATMs across the country	More than 13,000 ATMs across the country.
Savings	0.01% APY. Minimum deposit $25. Monthly maintenance fee $4, unless you have $300 minimum daily ledger balance OR $1,000 average monthly collected balance.	0.01% APY. Minimum opening deposit of $25. Monthly service fee of $5, unless you maintain a minimum daily balance of $300, or are under the age of 18.
CD	Standard Term CD: 0.05% – 0.60% APY. Terms ranging from 1 month – 60 months. Minimum deposit of $500. Maximum deposit $249,999. CD Special: 0.65% – 1.60% APY. Terms of 3, 7, 27 and 59 months. Minimum deposit of $1,000. Maximum deposit $249,999.	Standard Term CD: 0.05% – 0.15% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Special CD: 0.30% APY. Terms of 5 months. Minimum deposit of $5,000. Bonus of up to 0.35% APY if you maintain a linked Wells Fargo Prime/Portfolio Checking account.
Checking	3/5	You can choose between a Everyday Checking, Preferred Checking, Business Choice Checking, Platinum Business Checking or Analyzed Business Checking
Money Market	Also known as the Platinum Savings Account. 0.05% APY. Minimum opening deposit of $25. $12 monthly service fee, unless you maintain a minimum daily balance of $3,500. Bonus APY of 0.08% requires account linked to Portfolio by Wells Fargo® relationship.	0.05% APY. Minimum opening deposit of $25. $12 monthly service fee, unless you maintain a minimum daily balance of $3,500. Bonus APY of 0.10% requires account linked to Portfolio by Wells Fargo® relationship.
Customer Service	3/5	4/5
Mobile App	4.5/5	4.5/5
Pros	-Great customer service -Wide selection of accounts -Widespread availability	-National availability -Extended customer service hours -Full service bank
Cons	-High minimums to waive fees -Low savings APY	-No free checking option -Low interest rates -Many misc. banking fees
Bottom Line	Big national bank with wide array of services and many account options	Wells Fargo offers a wide variety of accounts while allowing you widespread accessibility

US Bank Promotions

US Bank is currently offering a variety of checking, savings as well as investment accounts to meet your financial needs. Additionally, you will be able to utilize all the account features and benefits associated with your new account.

As an added perk, All US Bank checking accounts offer free online banking, bill pay, and mobile deposits.

US Bank also offers a few other options including:

• Overdraft Protection: You can link up to 3 eligible accounts to help cover overdrafts. If you link a US Bank money market or savings account, funds will be transferred to cover the overdraft without transfer fees. Additionally, you can link a US Bank credit card, a line of credit, or a home equity line of credit. However keep in mind that these options may include a transfer fee and are subject to interest.
• Send money with Zelle: Easily send money to anyone with a U.S. phone number or U.S. email address.

What to Open at US Bank

Keep your eye out on these great US Bank products:

• Promotional CD Special: US Bank offers a CD Special with fairly competitive rates. These CDs usually range from 9 to 59 months and require a minimum $1,000 deposit to open.
• Student Checking: This account has no monthly service fee and no minimum balance requirements for students. Additionally, you get 4 free non-US Bank ATM transactions per cycle and the first set of checks are free.

Wells Fargo Promotions

The Wells Fargo checking accounts each come with a Platinum Debit card featuring chip technology. You’ll also get online bill pay, online transfers, and mobile deposit.

• Everyday Checking: Provide a small deposit to qualify. Monthly fee can be waived by making a certain number of debit/credit purchases.
• Preferred Checking: Earn interest if you meet the minimum balance. If you have a Wells Fargo mortgage, your monthly service fee waived for this checking account.
• Portfolio by Wells Fargo: Perfect for those who have a significant amount of money. You may earn higher interest rates with the Portfolio account.

The savings accounts from Wells Fargo are listed below

• Way2Save Savings: Perfect for those who find it hard to save money.
• Platinum Savings: If you keep a higher balance in your savings account, you may have access to higher interest rates with the Platinum Savings.
• Wells Fargo CDs: Perfect for those who can save money aside and earn a higher rate.

Conclusion

All in all, Wells Fargo and US Bank both offer fantastic banking products, service and care for their customers. With a range of checking, savings as well as money market options, you will definitely find an account to personalize your banking experience.

For more variety of options, see our list of the best bank account bonuses & savings account offers.

U.S. Bank Promotions 2025: $450, $500, $900 Personal Checking & Business Bonuses

Chase Coupon Codes 2025 ($100, $200, $300, $400, $500, $700, $2000 Checking Bonuses)

Discover Bank Promotions: $150/$200 Savings Bonus, $360 Cashback Debit Bonus, Up to 4.00% APY for 2025

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