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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

SPECIAL OFFER
Dollar Savings Account™ - 4.85% APY - Learn More

Read Dollar Savings Direct Review

SPECIAL OFFER
Personal Checking Account - $300 Bonus - Learn More

Read Wells Fargo Review

 

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

SavingsStarStarStarHalf StarEmpty StarStarStarEmpty StarEmpty StarEmpty Star
CDStarStarStarHalf StarEmpty StarStarStarStarHalf StarEmpty Star
FeesStarStarStarStarStar
APYStarStarStarStarEmpty Star
CheckingStarStarStarStarHalf Star
Mobile AppStarStarStarStarStar
Customer ServiceStarStarStarStarHalf Star
Pros & ConsPros:
  • Good rates
  • No monthly fees
  • Various CD terms
Cons:
  • No mobile app
  • No debit/ATM card
  • Limited accessibility
Pros:
  • Low requirements for Everyday Checking
  • Full service bank
  • 24/7 customer service
Cons:
  • Low savings rates
  • Not in all states
Bottom LineOnline-only bank with good APY and no fees... Read full reviewA "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.

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?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Dollar Savings Direct or Bank of America.

In short: Dollar Savings Direct's savings is worth mentioning.


Articles on Dollar Savings Direct

Dollar Savings Direct Review

Dollar Savings Direct offers two banking products with competitive APYs. Keep reading to know the numbers and how it compares to other banks.

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 High Yield Savings Review

Looking for a traditional bank to grow your funds? Wells Fargo offers a high-yield savings account with a decent rate. Read on to find out more.

Wells Fargo Bank CD Rates

Wells Fargo is one of the largest banks in the U.S. Should you get a Wells Fargo CD? Might be worth considering. Learn more.

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.

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