WesBanco Bank Review: Comprehensive Services and High CD Rates

WesBanco offers a broad mix of personal and business banking services. Customers can choose from four checking accounts, including options tailored for students and military members, along with three savings accounts and specialized offerings for higher-balance customers.

While some promotional CDs come with higher minimum deposits, they tend to offer competitive terms. Beyond everyday banking, WesBanco also provides business and commercial banking, mortgage lending, and private client wealth management services.

Why WesBanco Is a Good Fit for Students

WesBanco’s A+ Student Checking account is built for students who are just getting started with banking. With a $1 minimum opening deposit and no overdraft or monthly maintenance fees, it keeps costs low while helping young account holders build good financial habits.

A standout feature is how early kids can begin learning. Children as young as eight can have their own debit card, and parents can stay involved through parental access and digital tools. Free online statements and financial education resources add extra value for students ages 13 to 24.

While the account doesn’t earn interest and charges for paper statements, its low barriers and parent-friendly features make it a practical starter account. It’s an easy, low-cost way for parents to introduce kids and teens to everyday banking.

Wesbanco Checking Accounts

Wesbanco offers four checking accounts: Wesbanco One Account, Wesbanco One Plus Account, A+ Student Checking and Duty First Checking.

Here are a few key things to know about WesBanco’s checking accounts:

• WesBanco One requires a $50 opening deposit and includes credit monitoring. The $6 monthly maintenance fee can be waived.
• WesBanco One Plus requires a $500 opening deposit, earns interest, and adds extras like credit monitoring, ID theft protection, and travel and leisure discounts. The $12 monthly maintenance fee can also be waived.
• Student Checking is easy to open, with just a $1 minimum deposit.
• Duty First Checking, designed for military members, has no minimum balance requirement and no monthly maintenance fee.

4.1

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

WesBanco Checking Account

Start Banking

Best For

Students

Everyday Banking

Military Members

Multi-Account Households

Traditional Banking

Checking Options for Every Stage

With several checking accounts to choose from, WesBanco caters to a wide range of customers. Low opening deposits make accounts easy to access, while higher-tier options add interest and extra benefits. Select accounts offer waived fees, and military members can bank with no minimums or monthly charges.

Fees

Up to $12

APY

Varies

Min Opening

$1, $50 or $500 depending on the account

Pros

• Low minimum deposit
• Funds are FDIC-insured
• Perks related to checking accounts 

Cons

• Fees may apply to inactive accounts
• App performance can be inconsistent
• Rates lag behind many competitors

Quick Take

With four checking options, WesBanco Bank makes it easy to match an account to your stage of life, whether you’re managing daily expenses, earning interest, or looking for student- or military-specific benefits.

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WesBanco Bank Savings Accounts  

WesBanco Bank offers three savings accounts: Companion, Statement and Premium.

Here are the details: 

• Low entry options: Companion and Statement Savings accounts open with a $50 minimum deposit, while Premium Savings requires $10,000.
• Interest earnings: All three savings accounts earn interest.
• Account fees: Companion Savings has a $3 monthly fee, Statement Savings carries a $9 quarterly fee, and Premium Savings has a $10 monthly fee.
• How interest works: Interest is compounded daily across all accounts. Companion and Premium Savings credit interest monthly, while Statement Savings credits it quarterly.

WesBanco Savings Accounts

Start Banking

Best For

Students

Everyday Banking

Military Members

Multi-Account Households

Traditional Banking

Pick Your Savings Style

Two WesBanco savings accounts have low minimum deposits, monthly maintenance fees are waivable and both accrue interest. 

Fees

$30 to $10

APY

.35%

Min Opening

$50 or $10,000

Pros

• Low minimum deposit two savings accounts
• All savings account earn interest
• FDIC-insured

Cons

• Low APYs
• Premium Savings require a high minimum deposit
• Limited support hours 

Quick Take

WesBanco Bank offers three savings accounts designed to meet different needs, from everyday saving to relationship-based perks and higher-balance options for high-net-worth customers.

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WesBanco Bank CD Accounts

WesBanco Bank offers CDs with a minimum deposit of $1,000. 

• Minimum deposit: $1,000
• Insurance: FDIC-insured
• Terms available: Three to 60 months
• Promotional options: Seven-month CD available for deposits of $25,000 or more
• Standard rates: Typically range from 3.10% to 3.60% APY
• Promotional rates: Generally range from 3.75% to 3.85% APY

WesBanco CD Accounts

Start Banking

Best For

Students

Everyday Banking

Military Members

Multi-Account Households

Traditional Banking

A Boost for Bigger Deposits

WesBanco Bank offers both standard and promotional CD options, allowing customers to choose between everyday rates and higher promotional offers tied to specific terms or balances.

Fees

None

APY

Up to 3.85%

Min Opening

$1,000

Pros

• Interest compounds daily
• FDIC-insured 
• Can get higher rates with promotional CDs

Cons

• Limited liquidity 
• For some minimum may be too high
• Early withdrawal penalty 

Quick Take

WesBanco offers promotional CD options that tend to favor larger deposits, making them more appealing for customers with extra funds to invest.

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WesBanco Bank Money Market Account

Here’s what you should know about WesBanco Bank Money Market accounts.

• Requires a $1,000 minimum opening deposit
• $10 monthly maintenance fee, waived with a $1,000 balance
• Earns interest that varies by balance level
• Interest accrues daily when the minimum balance is maintained
• ATM access available when linked to a WesBanco debit card

WesBanco Money Market Accounts

Start Banking

Best For

Students

Everyday Banking

Military Members

Multi-Account Households

Traditional Banking

Designed for Modest Balances

WesBanco Bank offers a money market account with a low monthly maintenance fee that can be waived by maintaining the required balance. It’s a solid option for customers who want to earn interest without committing to a high minimum deposit.

Fees

$10 (waivable)

APY

Varies

Min Opening

$50 or $10,000

Pros

• Interest accrues daily 
• System of tiered interest rates 
• FDIC-insured

Cons

• Low APY
• Must maintain high minimum balance to avoid fee

Quick Take

We like WesBanco’s money market account because it offers a straightforward way to earn interest without a high balance requirement, and the monthly fee is easy to waive by maintaining the minimum balance.

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Banking Experience  

You can access customer service at 1-800-905-9043. You can contact customer service during the following hours: 8:00 a.m. to midnight ET Monday – Sunday. The automated line is available 24/7 at 1-888-664-5300.

You can also schedule an appointment online to see a dedicated banker in person at your local branch.

How Does WesBanco Compare?

Here’s how WesBanco compares to competitors.

Checking

Savings

CDs

Money Market

SELECTED BANK

4.1

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

WesBanco Checking Account

Start Banking

MOST COMPARABLE

4.5

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

Chase Checking Accounts

Read Review

MOST COMPARABLE

4.7

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

First Internet Bank Checking Account

Read Review

Fees

Fees

Fees

Up to $12

$0 or $15, with options to waive

$0 to $10

APY

APY

APY

Varies

N/A

Up to

Min Opening

Min Opening

Min Opening

$1, $50 or $500 depending on the account

$0

$25 to $100

SELECTED BANK

WesBanco Savings Accounts

Start Banking

MOST COMPARABLE

Chase Savings Accounts

Read Review

MOST COMPARABLE

3.6

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

First Internet Bank Savings Account

Read Review

Fees

Fees

Fees

$30 to $10

$5 monthly, waivable

No monthly service fee

APY

APY

APY

.35%

Min Opening

Min Opening

Min Opening

$50 or $10,000

$0

$25

SELECTED BANK

WesBanco CD Accounts

Start Banking

MOST COMPARABLE

Chase Savings Accounts

Read Review

MOST COMPARABLE

4.9

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

First Internet Bank CD Account

Read Review

Fees

Fees

Fees

None

$5 monthly, waivable

Early withdrawal penalties may apply

APY

APY

APY

Up to 3.85%

Up to

Min Opening

Min Opening

Min Opening

$1,000

$0

$1,000

SELECTED BANK

WesBanco Money Market Accounts

Start Banking

MOST COMPARABLE

Liberty Bank Money Market Account

Read Review

MOST COMPARABLE

4.6

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

First Internet Bank Money Market Account

Read Review

Fees

Fees

Fees

$10 (waivable)

No monthly service fee

$5

APY

APY

APY

Varies

to

Up to

Min Opening

Min Opening

Min Opening

$50 or $10,000

$25

$100

WesBanco vs. Bank OZK

Bank OZK has a more concentrated footprint, primarily serving Arkansas, Texas, and parts of the Southeast, while WesBanco operates across nine states with a broader regional presence. Both banks offer CDs with a $1,000 minimum deposit. Bank OZK tends to offer promotional CDs with higher rates and lower minimums, while WesBanco’s top promotional CD requires a significantly larger deposit.

WesBanco vs. Fifth Third Bank

Fifth Third Bank generally appeals to customers looking for fewer fees and simpler account structures. WesBanco, by contrast, tends to favor customers who maintain higher balances by offering added benefits and interest-earning options. While Fifth Third offers fee-free checking, WesBanco requires meeting balance requirements to avoid monthly fees on some accounts.

WesBanco vs. Bank of America

Bank of America operates nationwide and may be a better fit for customers who want broad access and already maintain higher balances. WesBanco has a more regional footprint with four checking account options and may appeal to customers who value a more personalized, relationship-based banking experience, especially those living in the states where it has a strong local presence.

Final Take  

WesBanco Bank has become a regional power player. They offer promotional CDs, a student account as well as an account for the military members that doesn’t require a minimum balance requirement. Mortgages are also offered and if you live in one of the nine states where a branch is located, visiting the bank in-person may have advantages. Businesses may also benefit by banking at WesBanco Bank. 

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