Western Alliance Bank vs Wells Fargo

Western Alliance Bank is a solid bank that offers high APY savings products with a fully digital experience. How does it compare to Wells Fargo? Read our comparison chart below.

Western Alliance Bank offers high-yield savings products and CD accounts.

While Wells Fargo is one of America's largest banks with approximately 4,100 locations and more than 11,000 ATMs. Offers many checking options, including Everyday Checking and Clear Access Banking for those who have financial troubles. 24/7 customer service. Special CDs offers high rates with $5,000 minimum opening deposit.

Compare Western Alliance Bank with Wells Fargo, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Member FDIC	Wells FargoCIT BankBank of AmericaChaseUS Bank
	Visit Site	Learn More
	Western Alliance Bank	Wells Fargo
	SPECIAL OFFER High-Yield Savings Premier - 4.46% APY Read Western Alliance Bank Review	SPECIAL OFFER Personal Checking Account - $300 Bonus - Learn More Read Wells Fargo Review
	Benefits and Features
Savings	4.46% APY	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	Up to 4.50%; 3-12 month term CDs. $1 minimum deposit.	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	N/A	Clear Access Banking, Everyday Checking, Prime Checking, Premier Checking
ATMs		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	35 locations	approximately 4,100 retail banking branches coast to coast
	CreditDonkey® Reviews
Savings
CD
Fees
Mobile App
Customer Service
Checking
Pros & Cons	Pros: High APY No account activity or maintenance fees Cons: No debit card or checks	Pros: Low requirements for Everyday Checking Full service bank 24/7 customer service Cons: Low savings rates Not in all states
Bottom Line	Solid bank that offers high APY savings products with a fully digital experience... Read full review	A "big 4" bank with a good range of checking accounts and full services... Read full review
	Visit Site	Learn More
	High Yield Savings Account - 4.50% APY High-Yield CD Rates - Up to 4.50% APY 3-Month High-Yield CD - 4.50% APY	Personal Checking Account - $300 Bonus Personal Checking Account - $125 Bonus Personal Checking Account - $2,500 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Western Alliance Bank: Information sourced from the published website as of 12/11/2024. Wells Fargo: Pricing information from the published website as of 12/21/2024 is based on the 91101 zip code.

High-Yield Savings Premier - 4.46% APY

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• No account activity or maintenance fees
• $500 minimum opening deposit
• FDIC insured

The annual percentage yield (APY) is accurate as of November 7, 2024 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. Member FDIC

Member FDIC

High Yield Savings Account - 4.50% APY

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on Raisin's Secure Website

• No fees
• $1 minimum deposit
• 24/7 online access
• FDIC insured

High-Yield CD Rates - Up to 4.50% APY

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on Raisin's Secure Website

• No fees
• $1 minimum deposit
• FDIC insured

Term	CD Rates
3 Month	4.50% APY
5 Month	4.40% APY
6 Month	4.40% APY
9 Month	4.35% APY
12 Month	4.25% APY

Which is Better: Western Alliance Bank 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 Western Alliance Bank or CIT Bank.

In short: Western Alliance Bank's savings and cd are outstanding. Wells Fargo's mobile app and customer service are worth mentioning. In particular, the mobile app is impressive.

Articles on Western Alliance Bank

Western Alliance Bank Review

Western Alliance Bank offers savings products with competitive APYs for people looking to grow their money. Is there a catch? Read on to find out.

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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 vs Bank of America
• Wells Fargo vs Chase
• Wells Fargo vs US Bank

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.

Which Do You Think is Best?

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