Chase vs. Wells Fargo: which one should you choose?

Chase Total Checking® – Monthly fee $12. – Minimum opening deposit: $0.

Wells Fargo Everyday Checking – Monthly fee: $10. Minimum opening deposit: $25.

Chase interest rates on CDs – 1 year: 0.01% APY. – 5-year: 0.01% APY. – Minimum deposit: $1,000.

Wells Fargo interest rates on CDs – 1 year: 0.01% APY for standard CDs. Minimum deposit: $2,500.

Chase bank details Overdraft fee: $34, maximum of three per day. Overdraft protection transfer fee: $0 per transfer. ATMs: About 16,000. Branches: More than 4,700. Customer service: Available via email and Twitter, and by phone (7 a.m.-12 a.m. ET daily).

wells fargo details, Overdraft fee: $35, maximum of three per day. Overdraft protection transfer fee: $0 per transfer. ATMs: About 12,000. Branches: 4,700. Customer service: Available via social media and 24/7 by phone.

Choose Chase if: – You want a larger ATM network. – You prefer lower minimums for certificates of deposit. – You want a more lenient overdraft policy. Choose Wells Fargo if: – You prefer lower monthly checking fees that are slightly easier to waive.