Commitment to Our Readers
GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
Products and Services Used
I opened an Everyday Checking account with Wells Fargo due to the $300 bonus the bank was offering. It was easy to open the account online and only required a deposit of $25. I don’t have any other banking products at Wells Fargo at this time. However, I use many of the bank’s services, including mobile check deposit, money transferring and bill pay.
Online Experience
I use the Wells Fargo app instead of logging in to the bank’s website via PC when I want to do online banking tasks. The app is pretty straightforward, which means it doesn’t have all of the bells and whistles that some banking apps do.Here’s a look at my online experience with Wells Fargo.
Using Mobile Check Deposits
Once you log in to the Wells Fargo banking app, there’s a menu of icons at the bottom of the screen. When I want to deposit a check to my account, I choose the “Deposit” icon. On the mobile deposit screen, it shows the available balance in my Everyday Checking account. I enter the amount I want to deposit, endorse the check, take photos of the front and back of the check and tap “Deposit.”
As long as I make the deposits by 9 p.m. PT on a business day, the funds from the check are usually available the next day. I’ve deposited checks on Friday by 9 p.m. and had the funds in my account on Saturday. However, when I’ve deposited checks on Saturday or Sunday, it’s just like depositing them on Monday because the funds aren’t available until Tuesday.
Setting Up Bill Pay
When I set up bill pay with my Wells Fargo account, I chose the “Pay & Transfer” icon at the bottom of the screen in my app and then chose “Add a payee.” There’s a search feature you can use to find the creditor or company you want to pay. You’ll need to have your account number and the payee’s mailing address when you set up bill pay.
I didn’t find it difficult to set up bill pay through the Wells Fargo app, and while it did take about five minutes, it saves me time every month because my bills will be paid automatically each month in the amount and by the due date I specified when I set up bill pay.
Another good thing about using bill pay through Wells Fargo is that the bank guarantees that your payments will be delivered on time. If not, it will pay any late fees or finance charges that occur. It’s worth noting that Wells Fargo’s bill pay has worked flawlessly for me and I am completely satisfied.
Sending, Transferring or Moving Money Between Accounts
To send, transfer or move money between accounts, I choose the “Pay & Transfer” icon in the Wells Fargo app. Wells Fargo works with Zelle, so that’s helpful to me when I need to send money quickly to friends or family.
However, I have accounts at other banks, and sometimes, I want to transfer money to or from them. In that case, once I’m in the “Pay & Transfer” section, I tap “Transfer.” Then, I select the account I want to transfer from or the account I want to transfer to. Next, I choose the frequency, which is always “once” for me because I don’t schedule any recurring transfers. I then choose the date I want the transfer to occur and the amount I want to transfer.
It clearly states in the app that the maximum you can send in one day is $5,000 and the delivery speed is two business days. So, don’t expect the transfer to happen during the same day.
Other Features of the Wells Fargo App
The home screen is called “Accounts” and always has a personalized greeting tailored to the time of day followed by my first name — “Good Morning, Cynthia” — and also displays the year I became a customer, which is a nice touch. I have other banking apps that don’t do this.
Right under the greeting, a box with the available balance for my checking account is displayed. If I tap it, I can see all of my transaction activity.
If I stay on the “Accounts” screen, there are boxes that indicate what’s happening with my FICO score, Wells Fargo credit card offers I can apply for and a section with My Wells Fargo Deals, which are cash-back deals I can activate and shop for with my Wells Fargo debit card. In my experience, there are always at least 10-17 deals that I can choose from. For example, I shop at PetSmart, and right now I can get 10%.
Information is accurate as of Aug. 16, 2023.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
Source: gobankingrates.com
