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$400 Bonus for Opening Checking Account With Wells Fargo (For New Customers)

+38 Deal Score
110,081 Views
$400 Bonus for Opening Checking Account With Wells Fargo (For New Customers)


Link to Offer :
https://www.wellsfargo.com/jump/c...ct-test-a/


Here's how to qualify for your bonus:
  • Open an Everyday Checking account online (from this webpage only) by July 26, 2019.
  • Make a minimum opening deposit of $25 to fund your account.
  • Set up direct deposit and receive a cumulative monthly total of $3,000 in qualifying direct deposits into your new account for 3 consecutive months.
Your $400 bonus will be deposited into your new Everyday Checking account within 45 days after eligibility and bonus requirements have been met.
This is an exclusive, online-only offer and not valid for branch or phone account opens. See below for additional details and important information.


Our Everyday Checking account comes with innovative features:
  • Secure online access to your accounts. Use the Wells Fargo Mobile® app and simplify the way you bank.2
  • Account alerts. Stay on top of your account activity with alerts that allow you to track your account balances, debit card transactions, and more.3
  • Overdraft Rewind®. Sign up for direct deposit to take advantage of Overdraft Rewind. When an ACH direct deposit is received by 9:00 am, the bank will automatically reevaluate transactions from the previous day and, if your direct deposit covers them, may reverse overdraft or returned item (Non-Sufficient Funds/NSF) decisions and waive associated fees.4









* How to qualify for the $400 checking bonus:
Eligibility Requirements:
  • Everyday Checking is the only eligible account for the $400 bonus when opened online. If you do not qualify for Everyday Checking but do qualify for Opportunity Checking®, this offer can still be applied to the Opportunity Checking account.
  • This offer is intended for new checking customers only. You are not eligible for this offer if:
    • You are a current owner of a Wells Fargo consumer checking account
    • You are a Wells Fargo team member
    • You have received a bonus for opening a Wells Fargo consumer checking account within the past 12 months
Bonus Requirements:



$400 bonus
  • Open a new Everyday Checking account online with a minimum opening deposit of $25 by July 26, 2019. All account applications are subject to approval.
  • Within 150 days of your account open date, receive a cumulative monthly total of $3,000 in qualifying direct deposits to the checking account opened for this bonus offer for three consecutive months. During this time, your new account balance must be $1 or more.
    • A qualifying direct deposit is the customer's salary, pension, Social Security, or other regular monthly income electronically deposited through the Automated Clearing House (ACH) network to this checking account by your employer or an outside agency.
    • Non-qualifying direct deposits for purposes of this offer include transfers from one account to another (for example, transfers between your own accounts, or person-to-person transfers using a transfer service such as Zelle®), or deposits made at a branch or ATM, or through mobile deposit.
Bonus Payment:


  • We will deposit the bonus into your new checking account within 45 days after meeting all offer requirements.
  • The new checking account must remain open in order to receive any earned bonus payments.
  • You are responsible for any federal, state, or local taxes due on the bonus, and we will report as income to the tax authorities if required by applicable law. Consult your tax advisor.
Additional Important Information:


  • Offer expires July 26, 2019.
  • Offer subject to change and may be discontinued at any time without notice.
  • Offer cannot be:
    • Paid without a valid U.S. Taxpayer Identification Number (W-9)
    • Combined with any other consumer deposit offer (limit one bonus per customer/account)
    • Reproduced, purchased, sold, transferred, or traded





1.The Wells Fargo Everyday Checking account monthly service fee is $10. Minimum opening deposit is $25.
The monthly service fee can be avoided with any one of the following each fee period:
  • Maintain a $1,500 minimum daily balance
  • $500 or more in total qualifying direct deposits
    • A qualifying direct deposit is a direct deposit of your salary, pension, Social Security, or other regular monthly income, electronically deposited through the Automated Clearing House (ACH) network to this checking account by your employer or an outside agency.
    • Non-qualifying direct deposits include transfers from one account to another, or deposits made at a branch or ATM, or through mobile deposit.
  • 10 or more posted debit card transactions (any combination of posted debit card purchases or posted debit card payments of bills) from this checking account each fee period.

    Included:
    • Debit card purchases include PIN, signature, online, phone, and mobile wallet.
    • Debit card payments include one-time and recurring. Examples: utility bill/gym membership.
    Not included
    • Any transaction at an ATM (Wells Fargo or non-Wells Fargo).
    • Automated Clearing House (ACH) transactions. ACH transactions are set up using your checking account number and routing number — NOT a debit card number.
  • A linked Wells Fargo Campus ATM or Campus Debit Card.
  • The primary account owner is 17 – 24 years old. (On the primary account owner's 25th birthday, the account is automatically subject to the monthly service fee unless you meet one of the other options to avoid the monthly service fee.)
2.Availability may be affected by your mobile carrier's coverage area. Your mobile carrier's message and data rates may apply.

3.Sign-up may be required. Availability may be affected by your mobile carrier's coverage area. Your mobile carrier's message and data rates may apply.
4.The bank will reevaluate transactions from the previous business day that resulted in an overdraft or returned item if we receive an electronic direct deposit to your account by 9:00 am local time where your account is located (which is noted on your monthly statement). The bank will calculate a new available balance, including your pending electronic direct deposit (less any pending debits), and may reverse the overdraft or returned item (Non-Sufficient Funds/NSF) decisions and resulting fees from the previous business day if your electronic direct deposit will cover them. The bank receives most direct deposits through the ACH network before 9:00 am. Overdraft protection transfers/advances and fees from the prior business day are not reversed with Overdraft Rewind. Other deposits, such as check(s), cash, or account transfers received after our initial nightly account processing are not included in Overdraft Rewind. Direct deposits include your salary, pension, Social Security, or other regular monthly income electronically deposited through the Automated Clearing House (ACH) network by your employer or an outside agency. Go to https://www.wellsfargo.com/checki...ft-rewind/ for more details.

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
© 2019 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.



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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

341 Comments

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Joined Jul 2014
L5: Journeyman
> bubble2 623 Posts
26 Reputation
Nitrohamster
08-31-2019 at 05:56 AM.
08-31-2019 at 05:56 AM.
Quote from jonny_qw :
15 days after 3rd DD and still no bonus !!
Anyone else waiting for more than 3 weeks ?
Already got the deal for myself.
My workplace only allows DD to me if I am at least joint accountholder.

Any way that I can also open an account for my spouse, add myself as a joint account holder, and then get the dela again?
Reply
Joined May 2011
L1: Learner
> bubble2 22 Posts
25 Reputation
mingbuaa
08-31-2019 at 11:20 AM.
08-31-2019 at 11:20 AM.
Five months after I still didn't get bonus. Asked and was told they need me to provide a certified TIN..
.
Reply
Joined Apr 2012
L5: Journeyman
> bubble2 681 Posts
87 Reputation
osiding
09-10-2019 at 08:24 AM.
09-10-2019 at 08:24 AM.
Quote from Tokar :
Commenters on DoctorOfCredit tend to indicate that Chase works as a DD trigger.
Hi!
Do you know what banks or Venmo ( maybe) or anything else will count as DD for the offer?

Thanks ! ​
Reply
Joined Jul 2005
L6: Expert
> bubble2 1,616 Posts
989 Reputation
Tokar
09-10-2019 at 02:32 PM.
09-10-2019 at 02:32 PM.
Quote from osiding :
Hi!
Do you know what banks or Venmo ( maybe) or anything else will count as DD for the offer?

Thanks ! ​

check this list here complied by doctor of credit. It is all user feedback on what counts as a direct deposit: https://www-doctorofcredit-com.cd...ells_Fargo
Reply
Joined Feb 2007
L7: Teacher
> bubble2 2,790 Posts
806 Reputation
hbk72777
09-10-2019 at 02:36 PM.
09-10-2019 at 02:36 PM.
Same company that was going to charge a fee if your credit card had a Positive balance on it
Reply
Joined Apr 2012
L5: Journeyman
> bubble2 681 Posts
87 Reputation
osiding
09-17-2019 at 11:11 PM.
09-17-2019 at 11:11 PM.
Quote from hbk72777 :
Same company that was going to charge a fee if your credit card had a Positive balance on it
What it's about?
Reply
Joined Apr 2012
L5: Journeyman
> bubble2 681 Posts
87 Reputation
osiding
09-17-2019 at 11:25 PM.
09-17-2019 at 11:25 PM.
Quote from Tokar :
check this list here complied by doctor of credit. It is all user feedback on what counts as a direct deposit: https://www-doctorofcredit-com.cd...ells_Fargo [ampproject.org]
Thank you ,but I am not really sure how it works. For example, it says : dDiscover: 1, 2 Didn't work: 1,did:1,2 (did work)3 (did work)
-Savings 1, 2, 3, 4 (did work)

Let's assume, Discover savings account works . So, how can I do DD from Discover saving to Wells Fargo ( or Citi bank) without wire transfer fee ??
Reply

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Joined Jul 2005
L6: Expert
> bubble2 1,616 Posts
989 Reputation
Tokar
09-18-2019 at 04:00 AM.
09-18-2019 at 04:00 AM.
Quote from osiding :
Thank you ,but I am not really sure how it works. For example, it says : dDiscover: 1, 2 Didn't work: 1,did:1,2 (did work)3 (did work)
-Savings 1, 2, 3, 4 (did work)

Let's assume, Discover savings account works . So, how can I do DD from Discover saving to Wells Fargo ( or Citi bank) without wire transfer fee ??
The way you read the site is that those are links to peoples' comments (either on their site or to reddit sometimes, for example) of personal experience that proves that the transfer triggered the bonus or didn't trigger.

Assuming Discover savings account works, you need to add Wells Fargo as an external bank within Discover using the Routing Number and Account Number (which you get from Wells Fargo...online for example). Then you PUSH the cash FROM Discover TO Wells Fargo (as opposed to using Wells Fargo to PULL cash from Discover) in the amount necessary ($3000 i believe). It is coded as an Automatic Clearing House (ACH) transfer and Wells Fargo might see it as a Direct Deposit to trigger the bonus. Heavy emphasis on the word might. But you can at least try.

Of course, if Discover charges for ACH transfer you wouldn't want to do this (TD Bank and Bank of America charge for ACH transfers initiated from their side, whereas initiating the transfer from the receiving bank is free).

If venmo works you will see the links if people saying it did. I doubt it would to be honest.
Reply
Last edited by Tokar September 18, 2019 at 04:29 AM.
Joined Nov 2008
L7: Teacher
> bubble2 2,001 Posts
510 Reputation
gt5oh
10-09-2019 at 10:36 PM.
10-09-2019 at 10:36 PM.
Opened mid July 2019

$3k direct deposit in July, Aug, & Sept.

Paid $400 bonus second week of Oct.
Reply
Joined Feb 2006
L10: Grand Master
> bubble2 19,681 Posts
8,878 Reputation
tenderidol
10-09-2019 at 11:59 PM.
10-09-2019 at 11:59 PM.
Quote from gt5oh :
Opened mid July 2019

$3k direct deposit in July, Aug, & Sept.

Paid $400 bonus second week of Oct.
Exactly the same timeline here Smilie

Now, what's the easiest way to close the account once the bonus is transferred out? Online chat, phone, email?

Thanks!
Reply
Joined Nov 2008
L7: Teacher
> bubble2 2,001 Posts
510 Reputation
gt5oh
10-10-2019 at 11:06 PM.
10-10-2019 at 11:06 PM.
Quote from tenderidol :
Exactly the same timeline here Smilie

Now, what's the easiest way to close the account once the bonus is transferred out? Online chat, phone, email?

Thanks!

Transfer all out, make it $0 balance and the send a secure message through the website.
Reply
Joined Dec 2016
L3: Novice
> bubble2 297 Posts
61 Reputation
malmskd
10-27-2019 at 04:59 PM.
10-27-2019 at 04:59 PM.
Quote from gt5oh :
Transfer all out, make it $0 balance and the send a secure message through the website.
Very helpful. thanks for this. I'll be doing it after I get the $400 bonus...
Reply
Joined Feb 2006
L10: Grand Master
> bubble2 19,681 Posts
8,878 Reputation
tenderidol
10-27-2019 at 05:39 PM.
10-27-2019 at 05:39 PM.
Quote from malmskd :
Very helpful. thanks for this. I'll be doing it after I get the $400 bonus...
Yeah, this was the least painful account closure! Just a message (after logging into the account) and done.
Reply
Joined Oct 2019
New User
> bubble2 1 Posts
10 Reputation
ThriftyArm9633
10-30-2019 at 09:28 PM.
10-30-2019 at 09:28 PM.
Quote from orangejuice57 :
Looks like a great deal to me. The fraud issues were from a year or more so ago. They've fired everyone involved since.

Wells Fargo had pretty much been restructuring their image since that incident.

I did a credit card sign up promo with them a couple months ago. No issues. Got the rewards back in a timely manner.
I opened an account but didn't read the fine print it says only for everyday checking. Teller opened a preferred for me.
Reply

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Joined Nov 2008
L7: Teacher
> bubble2 2,001 Posts
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gt5oh
10-31-2019 at 07:57 PM.
10-31-2019 at 07:57 PM.
Quote from ThriftyArm9633 :
I opened an account but didn't read the fine print it says only for everyday checking. Teller opened a preferred for me.
I wouldn't call that fine print, the offer literally states in the first sentence:

Here's how to qualify for your bonus:
Open an Everyday Checking account online (from this webpage only) by July 26, 2019.
Reply
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