How Can I Start a Savings Account at Wells Fargo?


Quick Answer

The easiest and quickest way to open a Wells Fargo savings account is by applying online, as stated on the Wells Fargo website. You can also apply by phone or in person. A number of account options are available depending on the financial means and needs of customers, reports About.com.

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How Can I Start a Savings Account at Wells Fargo?
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Full Answer

To apply for a savings account online, go to the official Wells Fargo website. In the upper toolbar, hover your mouse arrow over Banking, click on Savings Accounts and CDs, and peruse the available account options. The Way2Save Savings account has the lowest minimum deposit and minimum daily balance as of 2015. The High Yield Savings Account requires a higher minimum deposit and daily balance but offers premium interest rates. CDs, also known as Time Accounts, pay high interest rates when you deposit minimum amounts for fixed terms, according to the Wells Fargo website.

Once you choose the type of account that fits your needs, click on the orange Open Now icon, states the Wells Fargo website. Provide your personal information, social security number and information from your driver's license or other acceptable ID. Make your opening deposit using a debit card or credit card or by transferring funds from another account. Wells Fargo may contact you by phone, mobile device or email while the application is pending.

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