Citizens Access™ vs. Wells Fargo
Compare rates, requirements, and features side-by-side to find the best option for you.
Citizens Access™
Citizens Access® Savings
3.35%APYDec 5, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Citizens Access™
Citizens Access® Savings
Wells Fargo
Platinum Savings
0.05%APYDec 6, 2025FDIC InsuredHigh MinimumChecking BundleGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Wells Fargo
Platinum Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Comparison Analysis
Comparing Citizens Access™ vs. Wells Fargo
Why Citizens Access™?
- ✓Higher potential APY (3.35% vs 0.01%-0.05%) on all balances
- ✓No checking account or direct deposit required
Why Wells Fargo?
- ✓Physical branch access (Wells Fargo offers branches and ATMs in 36 states and Washington, D.C.)
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
Citizens Access™Citizens Access™'s Citizens Access® Savings earns more on smaller deposits (approx. $335 vs $5/yr).
Better Returns at $25,000
Citizens Access™Citizens Access™'s Citizens Access® Savings pulls ahead with larger amounts (approx. $838 vs $13/yr).
Best for Simplicity
Citizens Access™Citizens Access™'s Citizens Access® Savings offers 3.35% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Citizens Access™'s Citizens Access® Savings pays $330 more interest on a $10,000 balance than Wells Fargo's Platinum Savings.
Executive Summary
Citizens Access™ offers a standout savings product with its Citizens Access® Savings account, providing a competitive 3.35% APY with no minimum deposit, maintenance fees, or direct deposit requirements, making it an attractive choice for savers. In contrast, Wells Fargo's offerings fall short, with the Way2Save Savings account yielding only 0.01% APY and the Platinum Savings account offering a maximum of 0.05% APY, which is contingent on having a linked Premier checking account and maintaining a high balance. While Wells Fargo does provide physical branch access, Citizens Access™ operates online only. Overall, Citizens Access™ is the clear winner based on APY.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Stop Losing Interest
See who beats both Citizens Access™ and Wells Fargo.
| Feature | Citizens Access™ | Wells Fargo |
|---|---|---|
| APY | 3.35% Verified: 12/5/2025 ↘︎ 0.15%90d Change | 0.05% Range: 0.05% - 0.05% Verified: 12/6/2025 ↘︎ 2.46%90d Change |
| Product Name | Citizens Access® Savings | Platinum Savings |
| Minimum Deposit | $0.01 | $25 |
| Min. Balance for APY | $0.01 | $1,000,000 |
| Monthly Fee | $0 | $12. Waived with $3,500 minimum daily balance. |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.8 Android4.8 | iOS4.9 Android4.8 |
| BBB Rating | A+ | D- |
| Important Notes | - | This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details. |
| Next Steps |
Savings Comparison
Citizens Access™ earns $1,990.2 more than Wells Fargo.
Citizens Access™
Citizens Access® Savings
Savings Breakdown
- Interest Earned+$2,018.80(10.1%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,018.80
Wells Fargo
Platinum Savings
Higher APY requires $1,000,000
Savings Breakdown
- Interest Earned+$28.60(0.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,028.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Citizens Access™ | Wells Fargo | |
|---|---|---|---|
| Citizens Access® Savings | Platinum Savings | Way2Save Savings | |
Current APY | 3.35% | 0.05% | 0.01% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -5.9 | -72.0 | 0.0 |
Days Since Change | 37 | 50 | 143 |
5-Month High | 3.70% | 2.51% | 0.01% |
5-Month Low | 3.35% | 0.05% | 0.01% |
Adjustments / Mo | 0.42 | 0.63 | 0.00 |
Volatility Score | 0.028 | 0.843 | 0.000 |
How to read these metrics(Click to expand)
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