Wells Fargo refunds security deposits for upgraded or closed Wells Fargo Secured card accounts.
If your account is upgraded to an unsecured credit card, your security deposit will be refunded within 30 days of the final upgrade date. If you have a balance, it will be billed to your upgraded account.
If your account is closed, Wells Fargo will determine if you owe a balance, then refund the remaining amount within 60 days.
Refunds are processed electronically to the original Wells Fargo checking or savings accounts used for funding. You can request the refund to another eligible Wells Fargo checking or savings account. Otherwise refunds are processed by check.
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