Dollar Savings Direct vs Wells Fargo
Dollar Savings Direct is an online-only bank with good APY and no fees. How does it compare to Wells Fargo? Read our comparison chart below.
Dollar Savings Direct | Wells Fargo | |
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Dollar Savings Account™ - 4.85% APY - | Personal Checking Account - $300 Bonus - | |
Benefits and Features | ||
Savings | 0.01% 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: 2.00% to 2.75% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Relationship APY: 2.01% to 2.76% APY when you link a Wells Fargo Prime Checking, Premier Checking, or Private Bank Interest Checking account to the CD. More CD terms are available in branch. | |
Checking | Clear Access Banking, Everyday Checking, Prime Checking, Premier Checking | |
ATMs | approximately 11,000 ATMs across the country | |
Customer Service | Available 24 hours a day, 7 days a week. | |
IRA CD | Standard Term CD: 0.01% to 2.75% APY. Terms of 1 month to 144 months. Minimum deposit of $1,000. Relationship APY: 0.02% to 2.76% APY when you link a Wells Fargo Prime Checking, Premier Checking, or Private Bank Interest Checking account to the CD. | |
Locations | approximately 4,700 retail banking branches coast to coast | |
CreditDonkey® Reviews | ||
Savings | ||
CD | ||
Fees | ||
APY | ||
Checking | ||
Mobile App | ||
Customer Service | ||
Pros & Cons | Pros:
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Bottom Line | Online-only bank with good APY and no fees... | A "big 4" bank with a good range of checking accounts and full services... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Dollar Savings Direct: Information sourced from the published website as of 11/08/2024. Wells Fargo: Pricing information from the published website as of 10/26/2024 is based on the 91101 zip code. |
Which is Better: Dollar Savings Direct or Wells Fargo?
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In short: Dollar Savings Direct's savings is worth mentioning.