You can set up a daily automatic transfer through Wells Fargo Online, the mobile app, or by calling the bank directly

Wells Fargo lets you move money from your checking account to another account every single day using recurring transfers. The transfer happens at the same time each day you specify, and you control the amount. You can set this up yourself in minutes through your online account or the Wells Fargo mobile app, or you can call the bank and have someone do it for you.

Daily transfers work best when you need to move money to a savings account, pay down a loan, or fund a separate account at another bank. The money leaves your checking account on the schedule you choose, so you won't accidentally spend it. If you need to stop or change the transfer, you can do that anytime.

Key Takeaways

  • Set up daily transfers through Wells Fargo Online, the mobile app, or by phone at 1-800-869-3557.
  • The transfer happens every day at the time Wells Fargo processes it, usually early morning, and you choose the dollar amount.
  • You can transfer to another Wells Fargo account, an external account at a different bank, or a Wells Fargo loan payment.
  • Transfers to external accounts may take one to two business days to arrive, while transfers between Wells Fargo accounts are usually instant or same-day.
  • You can pause, change the amount, or cancel the transfer anytime without penalty.

Setting up daily transfers through Wells Fargo Online

Log into your Wells Fargo account at wellsfargo.com and select the checking account you want to transfer from. Look for "Transfers" in the menu, then choose "Set up a transfer" or "Recurring transfer." Enter the receiving account details (if it's at another bank, you'll need the routing number and account number), the dollar amount, and select "Daily" as the frequency.

Wells Fargo will ask you to pick a start date and whether the transfer should continue indefinitely or stop on a specific date. Review the details, confirm, and the transfer will begin on the date you chose. You'll receive a confirmation number and can see the transfer listed in your account history.

Using the Wells Fargo mobile app for daily transfers

Open the Wells Fargo mobile app, tap "Transfers," and select the account you're transferring from. Choose "Set up a recurring transfer" and enter the receiving account information. If the account is at another bank, you may need to add it first by going to "External Accounts" and providing the routing and account numbers.

Select the amount, choose "Daily," pick your start date, and confirm. The app will show you a summary before you submit. Once confirmed, the transfer will appear in your transaction history, and you can manage it anytime by returning to the Transfers section.

What happens when the transfer processes each day

Wells Fargo processes transfers early in the morning, usually between midnight and 6 a.m. Eastern Time. The money leaves your checking account on that day. If you're transferring to another Wells Fargo account (savings, money market, or loan payment), the money typically arrives the same day or within hours. If you're transferring to an account at a different bank, it usually takes one to two business days to arrive, depending on the receiving bank.

Weekends and bank holidays don't stop the transfer—Wells Fargo will process it on the next business day. If your checking account doesn't have enough money on the day the transfer is scheduled, the transfer will fail and you'll receive a notice. You can then add funds and the transfer will try again the next day, or you can pause it and restart it later.

Transferring to accounts at other banks

To transfer daily to an account outside Wells Fargo, you first need to add that account as an external account. In Wells Fargo Online, go to "External Accounts" and select "Add an account." You'll need the receiving bank's routing number, the account number, and the account holder's name. Wells Fargo will verify the account by depositing two small amounts (usually under $1 each) and asking you to confirm those amounts.

Once verified, you can set up the daily recurring transfer. The money will leave your Wells Fargo checking account the same day, but it may take one to two business days to show up in the external account. Some banks post transfers overnight; others take longer. If the receiving bank rejects the transfer (for example, if the account number is wrong), Wells Fargo will return the money to your checking account and notify you.

Pausing, changing, or stopping a daily transfer

You can modify a recurring transfer anytime without calling the bank. In Wells Fargo Online or the app, go to "Transfers" and find the recurring transfer you want to change. You can edit the amount, change the frequency (for example, from daily to weekly), update the receiving account, or set an end date. If you want to stop it completely, select "Cancel" and confirm.

Changes take effect on the next scheduled transfer date. If you pause a transfer and want to restart it later, you can reactivate it from the same menu. There's no fee to change or cancel a recurring transfer, and you won't be charged for pausing it.

Fees and limits on daily transfers

Wells Fargo does not charge a fee for setting up or maintaining a recurring transfer. However, some Wells Fargo accounts have limits on the number of transfers you can make per month. Checking accounts typically allow unlimited transfers, but savings accounts and money market accounts may be limited to six transfers per month (this is a federal rule, not a Wells Fargo rule). If you're transferring from a checking account to a savings account daily, the limit applies to the savings account side, not the checking account side.

If you exceed the transfer limit on a savings or money market account, Wells Fargo may charge a fee (usually $10 per excess transfer) or convert the account to a checking account. To avoid this, check your account type before setting up daily transfers. If you need to move money daily from a savings account, contact Wells Fargo to discuss options.

Frequently Asked Questions

What time does the daily transfer leave my account?

Wells Fargo processes transfers early morning, typically between midnight and 6 a.m. Eastern Time. The exact time varies, but the transfer will post to your account on the day you scheduled it. If you need the money to leave at a specific hour, contact Wells Fargo directly, as you cannot choose the exact time through online or app setup.

Can I set up a daily transfer to pay a credit card or loan?

Yes, if the credit card or loan is with Wells Fargo. You can transfer daily to a Wells Fargo credit card, auto loan, mortgage, or personal loan account. If the card or loan is with another bank, you'll need to set up the transfer to that bank's account instead, and the receiving bank will apply the payment to your account.

What happens if my checking account doesn't have enough money on transfer day?

The transfer will fail, and Wells Fargo will send you a notification. The money won't be transferred, and you won't be charged a fee for the failed attempt. You can add funds and the transfer will try again the next day, or you can pause the transfer and restart it when you have the balance.

How long does it take for a daily transfer to reach an external account?

Transfers to accounts at other banks typically take one to two business days. The money leaves your Wells Fargo account the same day, but the receiving bank controls when it posts. Some banks post overnight; others take the full two days. Transfers between Wells Fargo accounts are usually instant or same-day.

Can I cancel a daily transfer if I've already set it up?

Yes, you can cancel anytime through Wells Fargo Online or the app without calling the bank. Go to "Transfers," find the recurring transfer, and select "Cancel." The cancellation takes effect on the next scheduled transfer date, so if a transfer is scheduled for tomorrow, it will still go through today. There's no fee to cancel.