Is A Money Market Account Fdic Insured

Highlights
APY (Annual Percentage Yield)	Starting at 0.01%
APY Minimum Balance	N/A
Minimum Opening Deposit	N/A

Wells Fargo Bank Money Market Account Review

Wells Fargo Bank Money Market Account is offered by Wells Fargo Bank, a bank founded in 1852 and based in San Francisco, CA. Wells Fargo Bank Money Market Account is available in 50 states (and Washington, DC).

Key Takeaways

No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.

Pros & Cons of Wells Fargo Bank Money Market Account

Pros	Cons
Available in all 50 states. Does not offer mobile check deposits. No charge on incoming domestic or international wire transfers.	No signup bonus. Does not provide a debit card. Not FDIC-insured.

Wells Fargo Bank Money Market Account FAQ

Are money market accounts from Wells Fargo Bank federally insured?

Yes, your Wells Fargo Bank money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the interest rates for Wells Fargo money market account rates?

Wells Fargo money market account offers an APY starting at 0.01% (APY stands for annual percentage yield, rates may change).

Wells Fargo money market account Rates and Terms
Rates	Amount
APY (Annualized Percentage Yield)	0.01%

What are the fees for Wells Fargo Bank Money Market Account?

Wells Fargo Bank Money Market Account does not charge a monthly maintenance fee.

Wells Fargo Bank Money Market Account Fees
Fees	Amount
Monthly Fee	$10
Paper Statement Fee	N/A

What is the minimum balance for Wells Fargo money market account?

No minimum initial deposit. Wells Fargo Bank does not require a minimum initial deposit to open an account.

What features and perks does Wells Fargo money market account offer?

This account does not seem to offer any of the features and perks we track.

What is the customer service phone number?

The customer service number for this business card is (800) 877-4833.

What is the support contact email?

The support contact email for this business credit card is corporateresponsibility@wellsfargo.com.

How to open an account with Wells Fargo Bank

Visit the Wells Fargo Bank website.
Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
Check the information is accurate and submit your application.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.