🏅 Wells Fargo Everyday Checking - $300: How To Get It

1. Open a new account with an offer code by June 25, 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.
2. Make a minimum $25 deposit when you open the account: The deposit must be made as you open the account.
3. 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.
4. 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.

This account has a $10 monthly service fee and requires a $25 minimum opening deposit, which does not count toward the bonus requirement. The monthly fee can be waived with a $500 minimum daily balance or $500 in monthly qualifying electronic deposits.

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. You'll get a $30% return on your $1,000 deposit. That's better than the median bonus we track, which has an ROI of around 15%. It’s not the best bonus we’ve seen, but if you’re interes꧅ted in opening a new Wells Fargo checking𝕴 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🅷 June 25. 

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, accꦑount 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 when the bonus amount is $300 or more, and a return on deposit of 10% or more, to ensure you know about the best deals before they expire.