"PMA Package" from Wells Fargo

The Basics

Minimum Opening Deposit
 
$50.00
A $50.00 deposit is required to open this account.
Monthly Maintenance Fee
 
$30.00
The Monthly Service Fee of $30.00 can be waived by:
- Maintaining a balance of $25,000 in qualifying linked Wells Fargo deposit accounts (checking, savings, CDs, etc.);
- OR $50,000 or more in qualifying PMA relationship accounts (this includes deposits, certain credit, 10% of outstanding mortgage, or specific brokerage accounts).
Annual Percentage Yield (APY)
 
up to 0.05%
The account earns 0.01% for balances over $0.00 and 0.05% at $10,000.

Debit Cards & Using ATMs

Debit Card $0.00/yr
Non-affiliated ATM Usage Fee
 
$2.50/per use
There is a $2.50 fee each time you use a non-affiliated ATM after 2 uses per statement cycle.
International ATM Usage Fee
 
$5.00/per use
There is a $5.00 fee each time you use a ATM in another country.

Electronic & Telephone Banking

Online Banking Free
Email Alerts
 
Included with Online Banking
This Email Alert feature enables you to receive:
- Warnings when your balance falls below a certain threshold;
- Notice of deposits or withdrawals over a certain threshold;
- Reminders that bills are coming due for payment.
Online Bill Pay Free
Mobile & Text Banking
 
Free
This institution supports:
- A text messaging service to view account balances, view recent activity;
- A downloadable mobile application to view account balances, view recent activity, transfer funds, pay bills, locate ATMs;
- An iPhone and iPad 2 application to view account balances, view recent activity, transfer funds, pay bills, locate ATMs;
- An Android application to view recent activity, transfer funds, pay bills, locate ATMs.
Deposit Checks with Mobile Phone
 
Free
This feature is available on the iPhone, iPad2 and Android mobile application.
Automated Phone Banking Free

Checks & Statements

Unlimited Check Writing Yes
Free or Discounted Checks
 
Yes
The first order of 'basic' checks is free for all new account holders. The first order of 'premium' checks is free for all new account holders.
Reorders of 'basic' checks are free for all account holders. Reorders of 'premium' checks are free for all new account holders.
Monthly Paper Statements Yes
Check Images with Statements $2.00/month
Online Statements Yes
Online Check Images
 
Yes
Images of canceled checks can be viewed online.

Overdrawing the Account

Returned Item Fee
 
$35.00/per item
The Insufficient Funds Fee is $35.00 for each overdraft.
Overdraft Protection
 
Available
This checking account has 3 options for Overdraft Protection.
From a linked Savings Account:
- Transfer fee of $12.50. The transfer fee is charged per transaction;
- Funds are transferred to bring the account balance to $0.00.
From a linked Credit Card Account:
- Transfer fee of $12.50 ($20 fee if your advance for the day is over $50). The transfer fee is charged per day;
- Funds are transferred to bring the account balance to $0.00.
From a linked Overdraft Line of Credit:
- There os no transfer fee. The transfer fee is charged per transaction;
- Funds are transferred to bring the account balance to $0.00.

Savings and Money Market Accounts

Money Market Savings
 
$10.00/month
'Money Market Savings' requires $50.00 to open and $0.00 to earn interest.
Current APY Information:
- 0.03% at minimum balance to earn interest;
- 0.03% at minimum balance to avoid fees;
- 0.03% at $25,000.00;
- A bonus APY is available when the account is linked to a PMA Premier, Preferred, or Way2Save Checking Account.
The account has a monthly service fee of $10.00. This fee can be waived if you either:
- Maintain a minimum balance of $3,500.00;
- Schedule an automatic transfer of $75 or more from another Wells Fargo account to this account.
High Yield Savings
 
$25.00/month
'High Yield Savings' requires $25,000.00 to open and $0.00 to earn interest.
Current APY Information:
- 0.03% at minimum balance to earn interest;
- 0.05% at $25,000.00
- A bonus APY is available when the account is linked to a PMA Premier Checking Account.
The account has a monthly service fee of $25.00. This fee can be waived if you maintain a minimum balance of $25,000.00.
*Variable rate may change; Please contact Wells Fargo to confirm rate; Fees may reduce earnings.

How To Reach Wells Fargo

Go To Website: Wells Fargo
Call: 866-245-3452

About Wells Fargo

Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer and commercial finance through more than 9,000 stores and more than 12,000 ATMs and the Internet across North America and internationally.

 

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