{"slug":"wells-fargo-vs-bank-of-america)","question":"Wells Fargo vs Bank of America","answer":"Bank of America is larger by assets ($3.45 trillion vs $1.95 trillion) and offers more branch locations (4,200+ vs 4,700+), while Wells Fargo has lower average checking account fees ($0-15/month vs $10-25/month) and better customer satisfaction ratings (71% vs 68%).","answer_curated":true,"verdict":"Choose Bank of America if you value a larger institution with more ATMs nationwide, stronger digital banking platform, and comprehensive wealth management services for larger portfolios. Choose Wells Fargo if you prioritize lower checking account fees, better customer satisfaction ratings, wider branch availability, and prefer a more accessible community banking experience with competitive loan products.","keyDifferences":[{"label":"Total Assets","winner":"b","entityAValue":"$1.95 trillion","entityBValue":"$3.45 trillion"},{"label":"Branch Network Size","winner":"a","entityAValue":"4,700+ branches","entityBValue":"4,200+ branches"},{"label":"Average Monthly Checking Fees","winner":"a","entityAValue":"$0-15","entityBValue":"$10-25"},{"label":"Customer Satisfaction Score (J.D. Power 2024)","winner":"a","entityAValue":"71/100","entityBValue":"68/100"},{"label":"ATM Network Size","winner":"b","entityAValue":"13,000+ ATMs","entityBValue":"16,000+ ATMs"}],"winner":{"slug":"bank-of-america","name":"Bank of America"},"confidence":"high","entities":[{"name":"Wells Fargo & Company","slug":"wells-fargo-company","url":"https://www.aversusb.net/entity/wells-fargo-company","alternativesUrl":"https://www.aversusb.net/api/v1/alternatives/wells-fargo-company"},{"name":"Bank of America","slug":"bank-of-america","url":"https://www.aversusb.net/entity/bank-of-america","alternativesUrl":"https://www.aversusb.net/api/v1/alternatives/bank-of-america"}],"faqs":[{"question":"Which bank has lower fees?","answer":"Wells Fargo has significantly lower checking account fees, averaging $7.50/month with multiple no-fee options, compared to Bank of America's average of $17.50/month. Wells Fargo's basic accounts often have no monthly maintenance fee if you maintain a minimum balance or set up direct deposits, making it more cost-effective for budget-conscious customers."},{"question":"Which bank has better customer service?","answer":"Wells Fargo ranks higher in customer satisfaction with a J.D. Power 2024 score of 71/100 versus Bank of America's 68/100. Wells Fargo scores particularly well for accessibility and personal service, while Bank of America excels in digital experience. Customer service quality varies by location and individual experience, but Wells Fargo's higher overall rating suggests better satisfaction levels."},{"question":"Which bank is safer and more stable?","answer":"Bank of America is safer from a pure financial stability perspective with $3.45 trillion in assets and an AA- credit rating from S&P, compared to Wells Fargo's $1.95 trillion and A+ rating. Both are FDIC-insured up to $250,000 per account category, so deposits are equally protected. Bank of America's larger size provides greater institutional stability for high-net-worth clients."}],"attribution":{"source":"A Versus B","url":"https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america)","license":"CC BY 4.0","citationFormat":"According to A Versus B (https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america)), Bank of America is larger by assets ($3.45 trillion vs $1.95 trillion) and offers more branch locations (4,200+ vs 4,700+), while Wells Fargo has lower average checking account fees ($0-15/month vs $1","dateModified":"2026-07-07T21:00:02.785Z"},"relatedQuestionsUrl":"https://www.aversusb.net/api/faq/wells-fargo-vs-bank-of-america)","relatedComparisonsUrl":"https://www.aversusb.net/api/v1/related/wells-fargo-vs-bank-of-america)","knowledgeGraphUrl":"https://www.aversusb.net/api/knowledge-graph/wells-fargo-vs-bank-of-america)","claimReviewSchema":{"@context":"https://schema.org","@type":"ClaimReview","@id":"https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america)#claimreview","url":"https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america)","inLanguage":"en-US","isAccessibleForFree":true,"conditionsOfAccess":"Free","claimReviewed":"Wells Fargo vs Bank of America","reviewBody":"Bank of America is larger by assets ($3.45 trillion vs $1.95 trillion) and offers more branch locations (4,200+ vs 4,700+), while Wells Fargo has lower average checking account fees ($0-15/month vs $10-25/month) and better customer satisfaction ratings (71% vs 68%).","datePublished":"2026-07-07T21:00:02.745Z","dateModified":"2026-07-07T21:00:02.785Z","reviewRating":{"@type":"Rating","ratingValue":5,"worstRating":1,"bestRating":5,"alternateName":"High Confidence"},"author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B","url":"https://www.aversusb.net"},"itemReviewed":{"@type":"WebPage","@id":"https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america)","url":"https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america)","name":"Wells Fargo vs Bank of America","inLanguage":"en-US"}}}