Wells Fargo adding new fee

Wells Fargo customers, you might want to brace yourselves, the bank has plans to put in a new fee.

Wells Fargo said that it will start charging customers $7 a month for the "Essentials Checking Account."

The new fee will affect customers in six states, those states have not been announced but the fee will begin in May.

There is a way to waive that fee, but that depends on your deposits and balances.