Chase has more branches and strong tech features, while Wells Fargo is also widely available. Compare fees, rates, and perks to choose the one that fits you.
Chase
- Large branch and ATM network.
- Strong app and rewards cards.
- Total Checking monthly fee ($12) can be waived.
Wells Fargo
- Widely available branches.
- Everyday Checking monthly fee ($10) can be waived.
- Often a lower minimum to waive fees.
Fees
Check each bank’s current terms. Fees and offers change.
Which
Choose by branch location, fees and app.
Also consider
Credit unions and online banks.
Account features
Chase and Wells Fargo are two of the largest US banks. Chase has about 4,700 branches and Wells Fargo about 4,100, according to recent company reports. Checking monthly fees are usually waived with direct deposits or minimum balances: Chase Total Checking charges 12 USD per month unless conditions are met, and Wells Fargo Everyday Checking charges 10 USD per month with waiver options.
- Both offer signup bonuses at times.
- Both cover FDIC insurance up to 250,000 USD per depositor.
- Chase has strong mobile app ratings and a large ATM network, with over 15,000 ATMs.
Other considerations
Savings rates at both are low compared with online banks, which can pay 4 percent or more APY in some periods. Compare overdraft fees, ATM access, credit cards and customer service. Wells Fargo’s asset cap imposed by the Federal Reserve in 2018 for sales practices was lifted in June 2025. Check each bank’s current fee schedule before opening an account.
Account features
Chase has about 4,700 branches and Wells Fargo about 4,300 as of recent years. Chase checking accounts have monthly fees from 0 to 25 USD waivable with minimums. Wells Fargo has similar fee structures and eliminated overdraft on some accounts. Both are FDIC insured up to 250,000 USD.
Other considerations
Compare branch access, app ratings, bonuses and fees. Wells Fargo faced an asset cap from 2018 to 2025 related to past scandals.
Branch and product comparison
Chase is the largest US bank by assets, with more than 4,700 branches and over 15,000 ATMs, strongest on the coasts and in Texas. Wells Fargo has about 4,000 branches across most states. Both offer checking, savings, credit cards and mortgages. Chase has well rated rewards credit cards such as Sapphire Preferred and Freedom.
Fees and considerations
Monthly checking fees are around 12 USD at both banks, waived with direct deposit or a minimum balance, and amounts change, so check current terms. Wells Fargo has had regulatory penalties, including a 2018 asset cap imposed by the Federal Reserve that was lifted in 2025. Chase offers sign up bonuses, and Wells Fargo has the Active Cash card with unlimited 2 percent cash back. Compare branch access, app ratings, overdraft policies and fees before you pick.
Based on data from the Federal Deposit Insurance Corporation and the banks’ published fee schedules
