Yes, you can open a Wells Fargo savings account entirely online
Wells Fargo lets you open most savings accounts through their website or mobile app without visiting a branch. The process takes about 10 minutes and requires a valid ID, Social Security number, and an initial deposit method. You'll need to be at least 18 years old and a U.S. resident with a valid mailing address.
Not every Wells Fargo savings product can be opened online — some specialty accounts still require a branch visit or phone call. But the standard savings account, high-yield savings account, and money market account are all available online. Once your account is open, you can manage it, move money, and set up transfers from your phone or computer.
Key Takeaways
- You can open a Wells Fargo savings account online using their website or mobile app in about 10 minutes.
- You will need a valid government ID, Social Security number, proof of address, and a way to fund the account (debit card, bank transfer, or check deposit).
- Wells Fargo offers multiple savings products online: standard savings, high-yield savings, and money market accounts.
- After opening, you can manage your account, transfer money, and deposit checks through the app or website.
What you need before you start
Gather these items before you begin the online application. You will need a valid government-issued ID — a driver's license, passport, or state ID card. Wells Fargo will ask you to verify information from it, so have it nearby.
You also need your Social Security number and a current mailing address. Wells Fargo will send account statements and tax documents to this address, so make sure it is correct. If you have moved recently, update your address before you apply.
Finally, decide how you will fund the account. You can use a debit card, transfer money from another bank account, or deposit a check through the mobile app after your account opens. If you are transferring from another bank, have that account number and routing number ready.
The online application process
Go to wellsfargo.com or open the Wells Fargo mobile app and select "Open an Account." Choose the type of savings account you want — the standard savings account, Wells Fargo Way savings account, or high-yield savings account. Each has different interest rates and minimum balance requirements, so read the details for each before you choose.
Enter your personal information: name, date of birth, Social Security number, address, phone number, and email. Wells Fargo will verify your identity by asking questions about your credit history or previous accounts. Answer these questions as they appear — they are based on public records and help prevent fraud.
Review the account terms and disclosures, then agree to them. Wells Fargo will show you the account number and routing number once your application is approved. This usually happens immediately, though some applications may take a few hours to process.
Funding your new account
After your account opens, you need to make an initial deposit. The minimum varies by account type — some Wells Fargo savings accounts have no minimum, while others require $25 or more. Check the account details to see what applies to the account you opened.
If you have a debit card, you can fund the account right away through the app or website. If you are transferring from another bank, use the "Transfer Money" option in your Wells Fargo account and enter the other bank's routing number and your account number there. The transfer usually takes one to three business days.
You can also deposit a check through the mobile app using mobile check deposit. Take a photo of the front and back of the check, and Wells Fargo will credit it to your account within one to two business days.
What happens after your account opens
Your account is active immediately after approval, and you can start using it right away. You will receive a debit card in the mail within 7 to 10 business days. Until it arrives, you can transfer money out of the account, set up automatic transfers, and deposit checks through the app.
Log into your Wells Fargo account online or through the app to see your balance, transaction history, and interest earned. You can set up automatic transfers to move money between your savings and checking accounts, or to move money into savings on a regular schedule.
Wells Fargo will send you account statements by mail or email, depending on your preference. You can change this setting in your account settings under "Statements & Documents."
Accounts you cannot open online
Some Wells Fargo savings products require a phone call or branch visit. These include certain trust accounts, accounts for minors under 18, and some specialty savings products. If you need one of these accounts, call Wells Fargo at 1-800-869-3557 or visit a branch near you.
If you are opening an account for a child, you will need to visit a branch in person with the child and a valid ID. A parent or guardian must be present and will be the primary account holder.
Frequently Asked Questions
How long does it take to open a Wells Fargo savings account online?
The application takes about 10 minutes to complete. Most accounts are approved immediately, though some may take a few hours. Once approved, your account is active and you can start using it right away, even before your debit card arrives.
Do I need an existing Wells Fargo account to open a savings account online?
No. You can open a savings account as your first Wells Fargo account. However, if you already have a checking account with Wells Fargo, the process is faster because Wells Fargo already has your information on file.
What is the minimum deposit to open a Wells Fargo savings account?
The minimum varies by account type. Some Wells Fargo savings accounts have no minimum opening deposit, while others require $25 or more. Check the specific account details before you apply to see what applies to the account you want.
Can I open a joint savings account online?
No. Joint accounts must be opened at a branch or by phone with both account holders present or verified. Call 1-800-869-3557 to open a joint account, or visit a Wells Fargo branch with the other account holder and both valid IDs.
What if my online application is denied?
Wells Fargo will tell you why your application was not approved. Common reasons include identity verification issues, a closed account history, or ChexSystems flagging. Call 1-800-869-3557 to discuss your application or visit a branch to explore other options.