Compare WSFS Bank Checking Accounts

Account Type

Summary

Reap the benefits of carrying a higher balance.
A basic account with convenient access to your money.
Designed for students and young adults, with no hidden costs.

Minimum Balance

$5,000 average monthly balance¹
$500
$0

Monthly Maintenance Fee

$15²
$6⁴
$0⁵

Earns Interest

Earns Rate Bonuses

Receive bonus rates on qualifying accounts³
No
No

Loan Rate Discounts

Overdraft Protection Services Available

Safe Deposit Box Discount

Minimum Opening Deposit

$100
$100
$100

Additional Details

Account Summary Relationship Checking

Adobe PDF Download
0.23MB
Account Summary Everyday Banking

Adobe PDF Download
0.22MB
Account Summary Campus Banking

Adobe PDF Download
0.24MB

¹Or $25,000 combined minimum balance per statement period. Monthly average combined balances include checking, savings and money market accounts and all WSFS Consumer Loan and Lines outstanding excluding WSFS Mortgages and Credit Cards.
²You may avoid the monthly maintenance fee by meeting minimum balance or other requirements. Please see the Requirements section of each account type for additional details.
³Receive bonus rates on qualifying accounts if you are over the age of 60 or make 15 or more debit card purchases/month. View our rates to learn more.
⁴You may avoid the monthly maintenance fee by meeting minimum balance or other requirements. You may avoid the monthly maintenance fee if you have direct deposit set up within 3 months of account opening or maintain a $500 monthly average balance. If you do not enroll in online statements within 2 months of account opening, a $3 paper statement fee will apply. Please see the Requirements section of each account type for additional details.
⁵You may avoid the paper statement fee if you enroll in online statements within 2 months of account opening. If you do not enroll in online statements within 2 months of account opening, a $3 fee will apply. Please see the Requirements section of each account type for additional details.
View Personal Deposit Services Cost Summary here.

Budgeting Tips to Help Achieve Important Financial Milestones

Reaching financial milestones, such as buying your first home or saving for retirement, can often seem like a daunting task. A study from WSFS Bank of 2,005 Americans between ages 18-40 found that 58% of Millennials and Gen Z consumers are optimistic that they’ll achieve their financial goals one day, but many still felt some common financial milestones were out of reach.

How To Discuss Finances as a Couple

The excitement that comes with the decision to purchase a home together, getting engaged or married can bring with it some added stress, particularly when it comes to discussing shared finances. According to a recent WSFS Bank study, 50% of Millennial and Gen Zers said discussing money with family makes them very uncomfortable.

Easy Ways for Consumers to Simplify Their Banking and Go Digital

Months into the pandemic, we continue to see many aspects of our lives transform at an accelerated pace. Banking is no stranger to the digital frontier. By 2006, 80 percent of U.S. banks offered online banking, in turn enabling digital banking to evolve and secure itself as a simple, safe and convenient avenue for customers to complete their financial tasks and reach their monetary goals.