Navy Federal Credit Union vs Wells Fargo
Navy Federal Credit Union is a savings account with low APY, best for military personnel. How does it compare to Wells Fargo? Read our comparison chart below.
Navy Federal Credit Union | Wells Fargo | |
|---|---|---|
Referral Program - Up to $500 Bonus - | Personal Checking Account - $2,500 Bonus - | |
Benefits and Features | ||
| Savings | Share Savings Account: 0.25% APY. $5 minimum deposit. A Membership Savings Account with a $5 minimum is required to establish and maintain membership. | 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 Certificate: as high as 4.05%. Terms of 3 months to 7 years. Minimum deposit of $1,000. | Standard Fixed Term CD available online: 2.00% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Relationship APY: 2.01% 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 | Free Active Duty Checking, Free Easy Checking, Free EveryDay Checking, Flagship Checking, Free Campus Checking, Business Checking Accounts | Clear Access Banking, Everyday Checking, Prime Checking, Premier Checking |
| Mobile App | ||
| ATMs | Over 1.7 million Navy Federal and CO-OP Network ATMs | 11,000+ ATMs across the country |
| Customer Service | Phone: 888-842-6328 24/7 customer support Online chat | Available 24 hours a day, 7 days a week. |
| IRA CD | As high as 4.05%. Terms of 3 months to 7 years. Minimum deposit of $1,000. | 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 4,100 retail banking branches coast to coast | |
CreditDonkey® Reviews | ||
| Savings |   | |
| Fees | | |
| Mobile App | | |
| Customer Service | |  |
| CD | | |
| Checking | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Savings account with low APY, best for military personnel... | A "big 4" bank with a good range of checking accounts and full services... |
Navy Federal Credit Union: Pricing information from published website as of 03/24/2025 based on 91107 zip code. Wells Fargo: Pricing information from the published website as of 03/22/2025 is based on the 91101 zip code. | ||
Which is Better: Navy Federal Credit Union 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 Navy Federal Credit Union or Bank of America.
In short: Wells Fargo's mobile app is impressive.
Articles on Navy Federal Credit Union
Navy Federal High Yield Savings
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Articles on Wells Fargo
Wells Fargo Bank Review
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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
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