West Fargo Bank

If you want more interest rates, then West Fargo Bank is just made for you. Although this bank offers high rates, they are mostly reserved for CDs. Even standard long-term CDs from West Fargo come up with pretty low rates.

Many accounts allow you to boost your returns with bonus rates when you link a specialty checking account. When your account balance is higher, it can also snag some higher interest rates depending on the account.

However, West Fargo gives you lots of convenience and ease in your banking experience. You can also access your account on mobile, online at a branch, at an ATM, or over the phone. So West Fargo Bank comes up with several features to help you manage your money and keep it secure.

Who is the West Fargo Bank best for?

West Fargo Bank is always an attraction for its customers and is a well-established traditional bank. No one can beat this bank in terms of large geographic footprints. It is, therefore, best for the people who:

Can easily keep a minimum amount in their checking and saving accounts to avoid fees

Use quick books online or other things to handle their account and financial affairs.

Need a bank available in most of the United States, including the District of Columbia.

What is West Fargo offering?

Best Fargo Bank comes up with a full area of financial products as well as services for the benefit of its customers. Now, we will discuss what the bank is offering.

• Certificates of deposit
• Credit cards
• Checking accounts
• Saving accounts

Checking accounts

First, we will discuss checking accounts of the bank as it is the basic option appealing to most customers. The good thing about the checking account is that you can open your account for only $25 but expect to pay $10 monthly fees unless you need particular criteria.

This criterion is:

• If you are a college student with linked accounts.
• You are between the ages of 17 and 24.
• Maintain a $500 minimum daily balance.
• Having $500 or more in the qualifying direct deposits per month

So it is easy to avoid the monthly fee but make sure you are also aware of the other charges you might face. You have to give the 2.50 dollars out of network ATM fee and a $35 overdraft fee.

The overdraft fee is cut if you overdraw your account. But you can also avoid these $35 fees if you sign up for overdraft protection with the linked savings accounts.

Saving accounts

We all know very well that saving accounts are only for the encouragement of customers. But on the other side, it is also benefiting the bank. West Fargo Bank also offers savings accounts with deposits of $25 and a monthly service fee of $5.

However, it can be waived with a $300 minimum daily balance. You can also eliminate this by setting up automatic transfers from Linked West Fargo checking accounts. The bank also waives the monthly fee if the account holder is under 24.

Another saving ingredient is the savings which you can transfer. Your checking account can transfer money to your savings account with each qualifying transaction. These transactions may be non-recurring debit card purchases or if you want to pay a bill using the West Fargo online bill pay option.

West Fargo Bank also sells savings accounts as a method of overdraft protection for customers who possess checking accounts. Then you can easily transfer your money from the savings account into your checking account if you sign up for this option.

Unfortunately, through this service, you will not be able to prevent yourself from being charged a 12.5 overdraft fee per business day. However, on the other side, you can avoid the fee if the deposit or covering transfer is made on the same business day.

Platinum saving account

West Fargo Bank also comes up with platinum saving accounts, allowing you to write checks. It is a great account where you do not have any restrictions on monthly withdrawals.

The good thing about the platinum saving account is that it also gives you an annual per yield (APY); however, on the other side, if you close the qualifying checking account, you will lose the bonus rate.

Another piece of information to reveal is that you can open up a Platinum saving account with only $25, and no minimal balance is required to earn the interest. But a $12 monthly piece can be cut off from your account.

In other cases, if you maintain a balance of a minimum of 3500 dollars, then monthly fees offered of $12 will not be cut off.

Portfolio account

A portfolio account is the bank’s premium checking account which offers the customers several major perks. A portfolio account is an interest-bearing checking account even if your annual party healed is 0.01%.

You can expect $25 per month maintenance fees unless you reach a minimum of $20,000 in your linked account at the end of each statement period. Another information is that if you keep a qualifying balance of more than 250,000, your fees will waver on incoming wires and overdraft protection transfers.

Portfolio customers also have access to West Fargo advisors for investment guidance. They will also get discounts on the west Fargo intuitive investor account and online and mobile brokerage.

If you are young and looking for an opportunity to manage your money, then you should go for West Fargo clear access banking. It is noted that this account is only for teenagers from 13 to 16 years of age with an adult co-owner.

Like the other checking accounts, clear access banking comes with a debit card. The bank user can use this debit card for spending and ATM withdrawals. The user can also set up alerts to notify him of certain account activities.

If you are 13 to 24 years old, you can open your account with a minimum 25 dollars deposit and a $5 monthly fee.

Features of West Fargo Bank

Secure data sharing and money management applications

West Fargo Bank gives you completely secure data sharing for customers. Customers can also have completely secure connections using turbo tax or quick books online. So the users of this bank can easily share the data with these intuitive products. Ultimately they can handle their financial tasks without risking the security of their accounts.

Frequently waived monthly fees.

Although the bank charges monthly fees on many deposit accounts, it also provides several methods to avoid these fees. The good thing about the accounts is that many clients can easily qualify for one of the many waivers.

Highly accessible with several branches

West Fargo Bank has numerous branches and ATMs across 37 states of the USA and the District of Columbia. Fargo Bank is one of the more easily accessible large banks in the United States.

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