![]() ![]() What Else Should You Know About Wells Fargo Checking Account Promotions? Current Customers, Recent Bonus Recipients and Employees Are Not Eligible Simply click on “OPEN IN-BRANCH” on the welcome offer promotion page, fill out your name, email address and ZIP code, and Wells Fargo will give you a unique bonus offer code that you can take to a branch and use to open an account.īonus offer codes are valid for one-time use only and must be provided to your banker at account opening to qualify for the welcome bonus. If you’d prefer not to apply for a new checking account online but would rather do that at one of Wells Fargo’s branch locations, the bank makes that easy. ![]() To attract new customers Wells Fargo and many other banks offer welcome bonuses as an alternative to spending their marketing budgets on advertising. A checking account customer might eventually open a credit card, take out a mortgage or hold an auto loan. Long-term customers are highly valuable to banks. ![]() Why Does Wells Fargo Give Sign-Up Bonuses? Wells Fargo is not offering any welcome bonuses for new business checking account customers right now, but sign-up bonuses as high as $1,500 for these accounts are not unusual. Wells Fargo Initiate Business Checking℠: No Bonus Currently Available Is there a time limit on the offer? It’s available to customers who open a new account by Sept.When do you receive your bonus? Again, once the 90-day qualification period ends and you’ve met the requirements, the cash will be deposited into your account within 30 days.What is considered a direct deposit? Any ACH (automated clearing house) deposit of your salary, pension, Social Security or other regular income into your bank account counts toward the $1,000 target.What is the offer? Open a new Everyday Checking account with a minimum deposit of $25, take in $1,000 worth of qualifying direct deposits during the first 90 days, and earn a $200 bonus.Wells Fargo also waives the maintenance fee for primary account owners between ages 17 and 24, and those who have linked a Wells Fargo Campus ATM or Campus Debit Card to their checking account. Can you avoid the monthly service fee? Wells Fargo will waive your account’s $10 monthly service fee if you maintain a $500 minimum daily balance or receive $500 or more in qualifying direct deposits during the month.It’s available to customers who open a new account by Dec. Is there a time limit on the offer? Yes. ![]()
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