Wells Fargo Clear Access Banking Account

Best for:

  • young adults,
  • not-so-frequent check writers,
  • those looking to avoid overdraft and NSF fees.

securely on the bank's website

Featuring no overdraft or NSF fees, the Wells Fargo Clear Access Banking Account is great for those struggling to stay on top of their money, and who tend to spend more than they actually have. If you've got a bad banking history, then this might be your checking account solution, so that you could learn how to manage your budget more responsibly. One year after you've opened this account, you might be able to convert it to a regular checking.

Young adults looking to begin their financial journey, and experience banking for the first time might also find the Wells Fargo Clear Access Banking to be a great way to start. Since the $5 monthly fee is waived for those aged between 13 - 24, young adults can take advantage of the features and services offered by Wells Fargo free of charge. That said, there are still some fees associated with this bank account, namely ATM and foreign transaction fees. While access to 13,000 Wells Fargo ATMs is free, you'll be charged $2.50 for out-of-network ATM transactions within the States, and $5 outside the U.S. With the 3% foreign transaction fees, you might want to consider using another card while traveling. However, the Wells Fargo Visa debit card you get with this bank account can be used for any kinds of purchases, and it comes with Zero Liability Protection, and 24/7 fraud monitoring. If you add it to a digital wallet, your transactions will be even more secure and convenient.

As we've mentioned, there aren't any overdraft fees, which is quite a good thing as you won't be allowed to spend more than what you have in your Clear Access Banking balance. Any transaction you try to make, whether it be a purchase or cash withdrawal, will be declined in case there's not enough money in your account. While check writing is not allowed on the Clear Access Banking, which makes NSF irrelevant in this case, you'd still be able to receive and cash in checks. The most convenient way to do it is using the Wells Fargo Mobile Banking app. Mobile check deposits are done in a couple of minutes, and all you need to do is take a photo of your signed check using your mobile device, and submit it.

The Wells Fargo Mobile Banking app comes with all the other banking features you'll ever need, including account and card alerts, bill pay, money transfer options, account management tools, account and debit card protection, and more. That said, you can also access your Wells Fargo Clear Access Banking account without downloading the app - Wells Fargo Online Banking lets you use all the same services and features, too, although mobile check deposits can't be made this way.

To get control of your money, you can use the available budgeting and spending tools. With more insight into your spending habits, daily activities, and alike, you'll be able to learn about personal finance management, and see what you can do to improve your current financial health. If you're new to banking, then you'll be able to learn on the go, with 24/7 support of Wells Fargo bankers.

 

Checking account details

Checking account fees

  • Monthly Fee
    $5*
  • APY
    0.00%
  • Minimum Deposit to Open
    $25
  • Out-of-Network ATM Transaction Fee
    $2.50
  • Out-of-Network ATM Withdrawal Fee
    $2.50
  • Overdraft Fee
    $0
  • Non-Sufficient Funds Fee
    $0
  • Foreign Transaction Fee
    3%

Wells Fargo Clear Access Banking Account FAQ

1. How can I open a Wells Fargo Clear Access Banking account?

If you're 18 or older (19 in AL), you can apply for a Wells Fargo Clear Access Banking online by completing a form, and providing the requested information, including your name, ID, address, etc. You'll also be required to make a $25 opening deposit. You can also open the account by phone at 1-800-932-6736 or by visiting your local Wells Fargo branch.

2. How can my teen open a Wells Fargo Clear Access Banking account?

If your considering the Wells Fargo Clear Access Banking account for your teen (13 - 17), then you should know online application isn't available for them. You're going to have to visit a Wells Fargo office in your area to open the account.

Your teen will need a co-owner, which can be anyone 17 or older - it's usually either a parent or legal guardian. Both account owners and co-owners need to provide a valid, state-issued ID, whether it be a driver's license or ID card or even a passport. If your teen doesn't have any, then their Social Security card and a birth certificate will do. Once you've got your documents ready, find a Wells Fargo branch nearby to open the Wells Fargo Clear Access Banking or make an appointment with a Wells Fargo banker to learn more.

Do note there won't be any monthly fees on this account until your teen turns 25, after which, they will be required to pay a $5 monthly fee, assuming they keep the account.

3. Can I convert my Wells Fargo Clear Access Banking account into a regular account?

You'll be able to convert your Wells Fargo Clear Access Banking into any Wells Fargo checking account 365 day following account opening, not sooner.

4. Whom can I pay with Online Bill Pay?

Despite the name, Online Bill Pay can be used to pay literally any individual or business located in the United States.

You can pay your monthly subscriptions, for which the most convenient way to go is to set up recurring or automatic payments, so you don't need to think about paying them on time each month - these can be monthly bills, such as cable TV, gym or magazine subscriptions, cable, etc. - things that have a fixed price. You can also make one-time payments for bills that differ from one month to another, such as your phone bill.

You can also pay for various other services and dues. If you have any loans or credit cards with Wells Fargo, for example, these will be automatically added when you start with Bill Pay.

You can pay almost any company or individual in the U.S. You can pay a company that sends you a bill, like the phone company, or a person or company you owe money to but don't necessarily receive a bill from, like your lawn mowing service.

You can keep track of your payment history, which helps you stay in control of your money. If you want, you can choose to receive confirmations of all your payments, so Wells Fargo will email you each time a payment's been made.

Finally, the Online Bill Pay service is available in both Online and Mobile Banking, free of charge.

5. What Wells Fargo tools can I use for better money management?

Wells Fargo customers can use a range of spending and budgeting tools available free of charge in Online Banking. Particularly useful is My Money Map, which you can use to track your spending, savings, and budget. My Money Map comes with the following tools:

  1. My Spending Report: you can track your spending and make smarter decisions thanks to interactive charts and graphs included in the report, so you can get the full picture of your income, deposits, payments, and withdrawals.
  2. Budget Watch: you can create a budget to track spending, set spending goals, and stay on track with your budget with customized charts and graphs that help you compare your spending to your budget goals, which you can then adjust, and monitor regularly.
  3. My Savings Plan: if you'd like to save some money for the future, whether it be because you're planning a big purchase or saving for college, My Savings Plan can help you reach your savings goals. By setting up automatic transfers from your Wells Fargo Clear Access Banking to your Wells Fargo Savings account, and keeping track of your progress with My Savings Plan alerts, you'll be there in no time.
  4. Resources: available for you to learn and understand all things money management.
6. Can Wells Fargo help me improve my financial health?

As a Wells Fargo Clear Access Banking customer, you'll be given access to a plethora of money management tools that will help you better understand and manage your finances.

However, for personalized assistance, you can always reach out to a Wells Fargo banker by calling 1-877-924-8692. Wells Fargo financial health bankers are experts available to help you with all your financial needs. Whether you'd like to review your spending habits in order to improve the way to organize your monthly budget, set monthly savings goals, manage debt or assess your overall financial health, you can get personalized help in less than half an hour!

7. How do I enroll in Wells Fargo Online Banking?

Enrolling in Wells Fargo Online Banking is quick and easy. You'll need to prepare:

  1. Your ATM/debit or credit card number or Wells Fargo account or loan number,
  2. Your Social Security or Tax ID number,

and give access to your email for authentication and confirmation purposes.

8. What kind of Wells Fargo debit card alerts can I sign up for?

Wells Fargo lets you set up various debit card alerts, so you're always in control of your debit card usage, as well as your spending:

1. Purchase alerts:

  • when a purchase made with your Wells Fargo debit card exceeds an amount you set,
  • when a purchase made online, by phone or mail with your Wells Fargo debit card exceeds an amount you set,
  • when a purchase made with a merchant based outside the U.S. exceeds an amount you set.

2. ATM activity alerts:

  • when an ATM withdrawal made within the U.S. exceeds an amount you set,
  • when an ATM withdrawal made outside the U.S. exceeds an amount you set.

3. Debit card declined:

  • when your Wells Fargo debit card is declined (due to insufficient funds, an incorrect PIN, an exceeded daily dollar limit or a blocked card).

These alerts are easy to set up. All you need to do is to sign in to your Wells Fargo Online account to access "Manage Alerts". You can choose to be notified by email, text or push notifications.

9. Can I customize the design of my debit card?

Yes! You can customize your Wells Fargo debit card with Wells Fargo Card Design Studio services - for free!

All you need to do is access Card Design Studio, find your debit card, and click "Customize Now". Then simply upload the image you'd like featured on your Wells Fargo debit card, and wait for your new card to arrive, which usually takes up to 7 business days.

10. Where can I find Wells Fargo routing number?

Since Wells Fargo routing numbers vary from state to state, you can use the Wells Fargo routing number finder to see which one is yours.

Check out other Wells Fargo checking account offers
Bank Monthly Service Charge Minimum Deposit to Open APY
Wells Fargo Everyday Checking Account $10 (can be waived) $25 0.00%
Wells Fargo Clear Access Banking Account $5* $25 0.00%
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