Wells Fargo Business Checking: 2024 Review

A one-stop shop for business banking with the typical fees and restrictions of a brick-and-mortar bank.

Senior writer | Small business banking and credit cards, Paycheck Protection Program, consumer spending, and household finances

Writer | Small business, business banking, business loans

Randa Kriss is a small-business writer who joined NerdWallet in 2020. She previously worked as a writer at Fundera, covering a wide variety of small-business topics including banking and loan products. Her work has been featured by The Washington Post, The Associated Press and Nasdaq, among others. Randa earned a bachelor's degree in English and Spanish at Iona College.

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Our Take

The bottom line:

The main selling point of Wells Fargo’s business checking accounts is everything the bank offers beyond the account itself, including SBA loans and merchant accounts. But high fees limit its appeal even for business owners looking for a one-stop shop.

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Pros & Cons

• Phone customer support available until 11 p.m. ET on weekdays and on Saturdays and Sundays.
• No fees at Wells Fargo ATMs and access to around 4,900 branch locations.

• No free business checking account option.
• Limit of 100 fee-free transactions per month.

How does Wells Fargo compare?

American Express® Business Checking

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