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We understand life happens – get an extra day to add money to your account
No need to enroll
Extra Day Grace Period comes automatically with all personal checking and savings accounts
More time when you need it
You get an extra business day to cover overdrafts and avoid fees
Make a deposit
Deposits include cash, direct deposits, transfers, Zelle®, and more
Avoid fees
We'll waive the overdraft fees if your available balance is positive as of 11:59 PM Eastern Time the next business day
How Extra Day Grace Period works
With Extra Day Grace Period, you can avoid the overdraft fees if your available balance is positive as of 11:59 PM Eastern Time the next business day.
After your grace period ends, if your available balance is not positive, a $35 fee may be charged for each overdraft up to a maximum of three.
Examples of deposits that increase your available balance the same business day include:
- Direct deposit
- Cash deposit
- Transfer from another account
- Wire transfer
- Zelle®
Certain transactions decrease your available balance during your extra day, including debit card purchases, transfers from your account, and other payments
Example of how Extra Day Grace Period works
On Thursday, your available balance is $20. That night, we pay a check you've written for $80, leaving your account overdrawn by $60 and subject to a $35 overdraft fee.
On Friday, we receive your deposit of $75 and you don't have other pending transactions, such as debit card purchases, as of 11:59 PM Eastern Time.
We'll waive the overdraft fee from last night's check since your available balance is sufficient to cover the amount of the overdraft item.
How Extra Day Grace Period works with multiple overdrafts
Extra Day Grace Period applies your available balance as of 11:59 PM Eastern Time to the prior business day's overdraft items in the order they posted to your account, so be sure to deposit or transfer enough money to cover all of your overdrawn balance.
If your available balance at 11:59 PM Eastern Time only covers some, but not all, of your overdraft items, you may still incur overdraft fees.
No fees charged
For example, your account balance is zero and you have three transactions paid into overdraft that posted in this order:
- $100
- $200
- $60
You make a deposit of $360 the next business day, and you don't have any additional pending transactions as of 11:59 PM Eastern Time.
Extra Day Grace Period applies $360 to cover all your overdrawn transactions.
All pending overdraft fees from the prior business day will be waived.
Fees charged
For example, your account balance is zero and you have three transactions paid into overdraft that posted in this order:
- $100
- $200
- $60
You make a deposit of $160 the next business day, and you don't have any additional pending transactions as of 11:59 PM Eastern Time.
Your $160 deposit is enough to cover the first overdraft item, but is not enough to cover the remaining two.
One pending overdraft fee will be waived, but you will be charged two overdraft fees for the items that were not covered.
How to avoid overdraft fees
Manage online
Set up account alerts and review any overdraft notices for details about pending overdraft fees and the amount of deposit needed to avoid them
Add funds
Deposit or transfer funds from sources such as cash deposits, Zelle®, or transfers from another Wells Fargo bank account
Watch the clock
Make sure your deposits and transfers are made with enough time to be included in your available balance by 11:59 PM Eastern Time
Check pending transactions
Remember that pending transactions, such as debit card purchases you make during the day, will reduce the balance available to cover overdrafts
Don’t want overdraft fees?
Consider Clear Access Banking, our checking account with no overdraft fees. Period.
Extra Day Grace Period FAQs
Do I need to enroll for Extra Day Grace Period?
There is no need to enroll. Extra Day Grace Period comes with personal checking and savings accounts automatically.
What happens if I make a deposit after 11:59 PM Eastern Time (after my Extra Day)?
With Extra Day Grace Period, you can avoid the overdraft fees if your available balance is positive as of 11:59 PM Eastern Time the next business day.
After your grace period ends, if your available balance is not positive, a $35 fee may be charged for each overdraft up to a maximum of three.
What happens if I partially cover funds when my account is overdrawn?
If your available balance as of 11:59 PM Eastern Time is enough to cover some, but not all, of the prior business day's overdraft items, it will be applied to the transactions in the order they posted to your account (based on our posting order practices described in your Deposit Account Agreement). The Bank's standard overdraft fees will be assessed for items that weren't covered in time.
How do I know how much to deposit?
You can monitor your account using online banking at wellsfargo.com or mobile banking with the Wells Fargo Mobile® app. You can sign up for alerts that notify you when your account balance is at an amount you specify. You can also get your available balance at any Wells Fargo ATM, or by calling 1-800-869-3557.
Will you tell me when I'm overdrawn?
Yes. If you are already an Online Banking customer, we will attempt to alert you on the morning after you had any items paid into overdraft during our nightly processing.
Be sure to sign up for Online Banking so you can receive these notices in time to be alerted to actions you should take during the Extra Day Grace Period.
If you're not enrolled in Online Banking or have opted out of receiving these alerts, be sure to keep accurate record of your spending and account balance so that you can take advantage of Extra Day Grace Period.
How does Extra Day Grace Period work if I have Overdraft Protection?
If you have an account linked for Overdraft Protection and a transfer or advance of funds from the linked account covers your transactions for that business day, Extra Day Grace Period will not apply because there are no pending overdraft fees to avoid. However, if a transfer or advance of funds from a linked Overdraft Protection account is not sufficient to cover all of your transactions, Extra Day Grace Period will apply to any transaction that is paid into overdraft and that has a pending overdraft fee. Extra Day Grace Period does not reverse the transfer or advance of funds from your linked account, and advances from linked credit accounts accrue interest from the date of the advance in accordance with the terms of your applicable credit agreement.
