Open Savings Account For Child Wells Fargo

Unlimited branch and atm withdrawals and the option to write checks.

Open savings account for child wells fargo.

Avoid the monthly service fee when you maintain a 3 500 minimum daily balance each fee period. Please make sure prior to convertinq to the clear access banking account that any outstanding checks have. Wells fargo offers customers savings account options for different stages of their lives. 12 is the recommended age to open a checking account for kids.

Savings accounts require 10 to open and pay competitive quarterly interest rates. If you convert from another wells fargo checking account with check writing ability any outstanding check s presented on the new clear access banking account on or after the date of conversion will be returned unpaid and the payee may charge additional fees when the check is returned. There are several options when setting up savings accounts for kids. Wells fargo s highest savings rates.

Overall the yields offered by the big bank leave something to be desired. The checking accounts require a minimum of 50 to open and have no monthly service charge but they do have an overdraft charge of 12. You can find much higher apys. Invest in a cd for.

Open a wells fargo checking account online in minutes. Optional overdraft protection for your checking account.