Important
Update: This promotional offer has been extended to June 25, 2024. The promotion de🥃tails, including 🅷the bonus amount and requirements, remain the same.
Key Takeaways
- account allows new checking customers to earn a $300 bonus after receiving $1,000 in qualifying direct deposits within 90 days of account opening.
- The Everyday Checking account requires a $25 minimum opening deposit.
- The $10 monthly service fee can be waived with a $500 minimum daily balance or $500 in total qualifying electronic deposits.
- This offer provides a 30% return on your $1,000 deposit (not counting the minimum opening deposit), which is better than the average of about 20% among similar bank bonuses we track but not the best we’ve seen.
- This promotional offer expires on April 1, 2024. Terms and conditions apply.
Wells Fargo Everyday Checking - $300: How To𒉰 ಌGet It
- Open a new account with an offer code by April 1, 2024: You can open an account online or at a Wells Fargo branch. If you apply online, your offer code will be automatically included in the application. If you’d like to apply at a branch, you can submit your email address online and an offer code will be mailed to you; bring that code to the branch when you apply.
- Make a minimum $25 deposit when you open the account: The deposit must be made as you open the account.
- Receive qualifying direct deposits totaling $1,000 or more within 90 days of account opening: Eligible direct deposits include employee salaries and government benefit payments. Bank transfers made from personal accounts, Zelle payments, and mobile deposits do not qualify. Your account must remain open and in good standing during this 90-day qualification period.
- Wait 90 days and get the $300 bonus: After the 90-day qualification period, Wells Fargo will review your account to see if you met the requirements. If you did, the $300 bonus will be deposited into your account within 30 days.
Tip
ꦚﷺSet aside some of your $300 bonus because it’ll be taxed at the end of the year as if it were income.
Are Wells Fargo Bank Bonuses Worth It?
This bonus from Wells Fargo is relatively good—it offers a decent reward for a reasonable deposit, giving you a solid return on your money. It’s not the best bonus we’ve s🐭een, but if you’re interested in opening a new Wells Fargo checking account this would be a great way to do it.
Wells Fargo currently has another bank promotion 💦with a steep deposit requirement and a relatively tiny reward: New can earn a $2,500 bonus, but it requires $250,000 in deposits to qualifying linked accounts, for a meager 1% return on your deposit.♔ That offer also ends on April 1.
Important
We track 澳洲幸运5官方开奖结果体彩网:bank bonuses daily. Through our research, we’ve found the average bank bonus to be $300. We only feature bank bonuses that are at least as high as this average, and that are a 10% or better return on your deposit to ensure you are getting a good deal.
Wells Fargo’s online bank services are available nationwide, with physical branches in 36 states and Washington, D.C.
How We Track Bank Account Bonuses
Every business day, Investopedia tracks 16 banks and credit unions, looking at bonus amounts, bonus requirements, account features, and the current, new, extended, and expired account bonuses they offer customers. Banks were chosen based on consumer interest. We update our picks for the best bank account bonuses, the best checking account bonuses, and the best savings account bonuses as needed. We only feature bank bonus deals when൲ the bonus amount is $300 or more, and a return on de൩posit of 10% or more, to ensure you know about the best deals before they expire.