Wells Fargo offers nationwide access with more than 5,400 branch locations and 13,000 ATMs across the state.
They offer your basic banking needs as well as a variety of unique checking accounts like Teen Checking or Opportunity Checking for those who have financial troubles.
Compared to Bank of America who’s located in more than 5,000 locations and 16,000 ATMs nationwide.
They offer many different accounts: checking, savings, CDs, IRA and investment accounts through Merrill Edge.
Continue reading below to see a side-by-side comparison between the two banks, so you can see which one offers the services you need the most.
|Wells Fargo||Bank of America|
|Locations||5,400 retail banking branches coast to coast. (Locator)||Over 5,000 locations (Locator)|
|ATMs||More than 13,000 ATMs across the country.||Over 1,800 ATMs|
– Large ATM network
– Mobile app features
– 24/7 account monitoring
-Extended customer service hours
-Full service bank
|Cons||– Make minimal interest
– Pay a fee for overdraft protection
|-No free checking option
– Low interest rate
-Many miscellaneous banking fees
|Bottom Line||Wells Fargo offer nationwide access to ATMs and branch locations, offering unique features that your bank might not provide.||Bank of America operates nationwide offering many account options like checking, savings, and more!|
Wells Fargo Credit Cards
The Wells Fargo Propel American Express® Card offers 20,000 bonus points when you spend $1,000 in purchases in the first 3 months – a $200 cash redemption value.
You'll earn 3X points for:
• eating out and ordering in
• gas stations, rideshares and transit
• travel including flights, hotels, homestays and car rentals
• on popular streaming services
• 1X points on other purchases
This card comes with no annual fee.
The Wells Fargo Cash Wise Visa® Card a $150 cash rewards bonus after spending $500 in the first 3 months.
You'll earn an unlimited 1.5% cash rewards on purchases. You can also enjoy earning 1.8% cash rewards on qualified digital wallet purchases, like Apple Pay® or Google Pay™, during the first 12 months from account opening.
This card comes with $0 annual fee on top of up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Cash Wise Visa® Card.
Which Bank is Better: Wells Fargo or Bank of America?
- Wells Fargo offers nationwide access to their accounts, if you’re looking for basic banking features their accounts are to go to.
- Bank of America has many account options and their user friendly interface and mobile app is noteworthy. However, they aren’t as widespread as Wells Fargo.