Rate updated · 65 banks tracked
Wells Fargo savings account rate: 0.01% APY
Wells Fargo pays 0.01% on its savings account — ranking in the bottom quartile of the 65 banks SwitchWize tracks, where the best available rate is 4.10%. (Updated September 16, 2026.)
Is Wells Fargo a good savings rate? Not really. At 0.01% it trails the 4.10% best available rate, leaving about $1,023 a year on the table on a $25,000 balance.
The gap, in your dollars
At 0.01%, $25,000 earns $3/yr here versus $1,026/yr at the field leader — a $1,023/yr difference.
See your exact number →Higher-paying alternatives we track
Rates subject to change. Verify before switching.
Frequently asked questions
What is Wells Fargo's savings account interest rate?▾
Wells Fargo pays 0.01% APY on its savings account as of September 16, 2026, based on rates SwitchWize tracks across 65 banks.
Is Wells Fargo's savings rate good?▾
Wells Fargo's 0.01% ranks in the bottom quartile of tracked banks. The best available rate is 4.10% and the FDIC national average is 0.38%.
Which banks pay more than Wells Fargo?▾
Higher-paying tracked options include keybank, usbank, washington savings bank. Compare rates at /banks to find the best current option.
General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.