Wells Fargo Reserve means a general reserve account in the amount of $3,000,000 which was funded by the Company with Wells Fargo Bank, N.A. “WF”) pursuant to that certain Merchant Financial Services Agreement between WF and the Company dated December 30, 2011. Based on 1 documents. 1. Save. Loading...
Avoid the monthly service fee when you have one of the following each fee period:
If Wells Fargo transfers money to cover your negative balance, you'll be charged a single Overdraft Protection advance fee regardless of the number of transactions presented for payment that day. This fee will vary depending on the amount of money transferred, and the advance is treated as a cash advance.
Monthly service fee
$300 minimum daily balance. 1 or more Save As You Go® transfers from your linked Wells Fargo checking account into this account.
$500 minimum daily balance. $500 or more in total qualifying direct deposits. A linked Wells Fargo Campus ATM or Campus Debit Card (for college students) The primary account owner is 17 through 24 years old.
Although there is no specific limit to the amount of cash you can withdrawal when visiting a bank teller, the bank only has so much money in its vault. Additionally, any transactions over $10,000 are reported to the government.
How much interest can you earn on $1,000? If you're able to put away a bigger chunk of money, you'll earn more interest. Save $1,000 for a year at 0.01% APY, and you'll end up with $1,000.10. If you put the same $1,000 in a high-yield savings account, you could earn about $5 after a year.
Keep in mind that there are strings attached to the Wells Fargo savings account. There is typically a $100 minimum balance requirement for the account unless you opt into an automatic savings plan, in which you can open an account with only $25. There is also a monthly $5 service fee on the account.
1 $50 minimum opening deposit for Wells Fargo store and business banking locations. For Wells Fargo Phone BankSM or Wells Fargo Online® Banking the minimum opening deposit is $25.
Yet No Comments