Wells Fargo $1,500 New Business Checking Account Bonus (In-Branch Only)

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(Update: Looks like Wells Fargo ended this promotion early. Hope those interested got the code while they could.)

wellsfargo_logoWells Fargo has a $1,500 bonus offer if you open a new business checking account in a physical branch with a special bonus code from this offer webpage. Thanks to reader Matt for the tip. Here are the bonus details:

  • Open a new, eligible business checking account at a Wells Fargo branch with a minimum opening deposit of $25 by 05/13/2022. You must provide the bonus offer code (generated via link above) to the banker at the time of account opening.
  • Have at least $5,000 ending daily balance in your new business checking account on the 30th calendar day and the 60th calendar day after account opening.
  • We will deposit the bonus into your new business checking account within 30 days after meeting all offer requirements.

Here is the full list of documents you will need to bring to the branch for each type of business (sole proprietorship, LLC, corporation, etc). If you are a sole proprietorship that does work using your legal first and last name and your SSS as Tax ID, there aren’t any additional documents beyond a driver’s license required.

More fine print:

You must open a new Initiate Business Checking®, Navigate Business Checking®, Optimize Business Checking® or Analyzed Business Checking account in order to be eligible for this bonus offer.

This offer is intended for new business checking customers only. You must use your bonus offer code at account opening when you apply for a new eligible Wells Fargo business checking account. For this offer, a new business checking customer is identified by the U.S. Taxpayer Identification Number for the business used to open the new business checking account.

You are not eligible for this offer if:
– You are a current owner of a Wells Fargo business checking account.
– You received a bonus for opening a Wells Fargo business checking account within the past 12 months.
– You are a Wells Fargo employee.

Bonus offer code can only be used once.

While this requires an physical branch visit, Wells Fargo does have nearly 5,000 branches nationwide (map locator) and this is a quite big bonus with relatively modest balance requirements.

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  1. Jacob Blumberg says

    Very tempting, but I would stay away from this bank, they have had way too many problems, I’m amazed they are still in business, this the huge bonus.


    yes,,,,they have problems,,,,,,but for 1500 it’s worth it’
    also, i just closed a ipersonal account in feb 2022. any idea if
    i’m eligible for this business promo ?

  3. Does this work for individuals as sole proprietor or you still need proof of an LLC? Thanks

    • Terms accept sole proprietorships, as far as I can tell. They just need the dba paperwork if you aren’t doing business under your personal name.

    • Yes, works for sole proprietor. I opened an account yesterday, using my SS#. (Just had to add something to my actual name to make the business name. For example, John Doe Publishing or Janet Doe Landscaping.)

      • Was it difficult to open an account. Or did the bank walk you through everything that you needed. Also are there any penalties or fees attached to the account?

  4. Clicking on the offer link takes you to a page that says: ” We’re sorry, but the promotional offer you’re looking for has expired. “

  5. michael held says

    I have two appointments set for 2:00 and 3:30 today, but failed to get the coupon codes. If anyone has one or two extra it would be appreciated. auheld @ yahoo.com. Thanks.

  6. Can anyone share the bonus codes, have a business but did not apply for a code. Pls help.

    • Did you get a code and did it still work for you even though the promotion has expired?

  7. Mtgt 2010 at gmail

  8. Would love a code if anyone has an extra. Thanks. experimentalascent @ gmail

  9. hey, if anyone can share their extra bonus?
    samsimonusa at gmail dot com
    thanks a lot

  10. Can someone please send a code to nathanzahermd @ gmail

  11. David Whitehead says

    Can someone please send a code ddw4615@yahoo.com

  12. Can you please send me the code for Wells Forgo offer!
    Thank you

  13. Wells Fargo is no longer accepting codes, even if they were previously generated, so I am closing the comments this post. Thank you