Wells Fargo $300 New Everyday Checking Account Bonus

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wellsfargo_logoWells Fargo has a $300 bonus offer if you open a new Everyday Checking account from this offer webpage with $25+ by March 31, 2022. You are not eligible for this offer if you currently have Wells Fargo consumer checking account or if you have received a bonus for opening a Wells Fargo consumer checking account within the past 12 months.

Here are the bonus requirements:

  • Open a new Wells Fargo consumer checking account with a minimum opening deposit of $25 by March 31, 2022.
  • Within 90 calendar days of account opening (the “qualification period”), receive a total of $1,000 or more in qualifying direct deposits to your new checking account. “A qualifying direct deposit is an ACH (Automated Clearing House) automatic electronic deposit of your salary, pension, Social Security, or other regular income into your bank account.”
  • Once the 90-day qualification period has elapsed, they will deposit any earned bonus into your new checking account within 30 days.

The Wells Fargo Everyday Checking account monthly service fee is $10, but it is waived with one of the following each fee period:

  • $500 minimum daily balance
  • $500 or more in total qualifying direct deposit

In the past, Wells Fargo has not done a “hard credit check” while being pretty flexible with what qualifies as a direct deposit. I usually transfer money from one of my brokerage accounts, as that comes from my dividend payments from stock holdings which I consider my “regular income”. This is a solid offer as the requirements are relatively easy.

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Comments

  1. Jason Boxman says

    This is incredible. I have a Wells down the street. I’ll give this a shot next week, and report back.

  2. Michael Anderson says

    Yahoo Finance has an article listing 19 Wells Fargo scandals over a 2.5 year period. That’s far beyond my threshold level for trust.

    • Fred Redmon says

      Don’t trust them but take their money is my motto. With this I will be + 1,700 over the last few years.

    • Why anyone would ever consider Wells Fargo for – well, anything – is beyond me.

      They should have been shut down by the DOJ years ago.

      Come on, Jonathan … you can do better than this.

    • Jacob Blumberg says

      I completely agree stay far far away! As soon as you open an account your putting your trust in them that they won’t open fake accounts for you, which they did to hundreds of customers or more.

    • yeah, let there be some vetting. i mean, what’s next, great interest rates on russian war bonds?

  3. ” You are not eligible for this offer if you currently have Wells Fargo consumer checking account”
    Do they consider joint account holding also currently having an account ?

  4. You guys be righteous. I’m going to take their $300 (and laugh all the back to my original bank).

  5. I LOVE THIS – Thank-you for the link!

    Question…I did not see anything in the terms that said only one bonus per household or address?
    I’m opening one account in my name…has anyone done more than one per household??
    If so, I’m opening one in my wife’s name, my kids names, etc…

    I’m not worried about the ACH as I have a paycheck that I can split into multiple accounts to be paid….but in the past, an ACH transfer from one back to another bank was usually enough to trigger the ACH requirement. Has anyone seen Wells Fargo deny on a transfer of money in or out from another bank and claim it was not a valid ACH??

    As to the haters…Ok, yeah, so Wells Fargo did some shady crap in the recent past (not to me mind you) but it’s not like they did some Bernie Madoff type crap. I love the part how this started out as a newspaper story (and a legit one at that), and then years later, the Consumer Financial Protection Bureau comes in and decides to slam Wells Fargo with a $100 million dollar fine! Which guess what, goes STRAIGHT to the coffers of the Consumer Financial Protection Bureau!! Yep, not the US Treasury, not those screwed over…but the self-licking ice cream cone – called the Consumer Financial Protection Bureau! Thanks Elizabeth!

    But yeah, I’m good for $300 if they’re giving…somehow I have to offset BindenFlation!

  6. Does transferring from another bank account to Wells Fargo qualify for the bonus?

  7. Anyone successfully opened one online?
    I tried multiple times but always telling me to go to a branch with given Bonus Offer Code.

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