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Wells Fargo Business Checking - $1500 bonus with $5K balance for 60 days (must open account in branch)
Open a new Wells Fargo Initiate Business Checking, Navigate Business Checking, Optimize Business Checking or Analyzed Business Checking account with a minimum opening deposit of $25 by May 13, 2022.
https://bonusoffer.wf.c
- 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 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.
https://bonusoffer.wf.c
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Our community has rated this post as helpful. If you agree, why not thank ramblerFW
https://www.npr.org/sections/coro...lief-fraud
+this verbiage causes me to immediately exit the thread, whatever it means/correlates to.
Business Account Addenda (PDF)
Deposit Account Control Agreement
Account maintenance per month $275 per account
Setup/Amendment $965 per agreement
What bank wouldn't require a TIN? It's required for any account.
And where do you see anything about the maintenance fee? Or setup fee for that matter? You can avoid the $10/mo fee if you keep $500 in the account.
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.
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Been back and forth with both banks. Wells Fargo tell me to call my bank because they have no record of the transaction. My other bank tells me to contact Wells because it's an ACH transaction. Bottom line is, money was debited from my account by Wells and they refuse to do anything about it. Tried everything. This very well could be Well Fargo's new scam.
The main fee I saw was the $75 monthly fee. But even if it takes them 3 months until they pay you (60 day minimum then 30 more days until bonus pays out), it's $1500 - $225 = $1275 gain in the end.
Here's the link to the requirements, and then there's a pdf of 14 pages of fees...yep 14 pages listing all the fees.
https://bonusoffer.wf.c
The bonus is good, but with all those fees I feel there's a "gotcha!" buried in there somewhere. Wells isn't known for their upstanding banking practices...
don't expect them to refund you the fees that they charged, because contractually they can close your account at any time.
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The main fee I saw was the $75 monthly fee. But even if it takes them 3 months until they pay you (60 day minimum then 30 more days until bonus pays out), it's $1500 - $225 = $1275 gain in the end.
Here's the link to the requirements, and then there's a pdf of 14 pages of fees...yep 14 pages listing all the fees.
https://bonusoffer.wf.c
The bonus is good, but with all those fees I feel there's a "gotcha!" buried in there somewhere. Wells isn't known for their upstanding banking practices...
Initiate Business Checking is the account you want to open. There shouldn't be any fees if you have an • $500 minimum daily balance.
Cash depositing fee is free for the first $5000 and anything over $5000 will incur a fee. So don't deposit more than 5k or better yet just leave the account alone. I dont know what the hell is this $75 fee you mention but looks like it might be for the Optimize
Business Checking .
And where do you see anything about the maintenance fee? Or setup fee for that matter? You can avoid the $10/mo fee if you keep $500 in the account.
I waited...
And waited..
....meanwhile - almost 6 months later - I finally got a letter from WF giving me info on fraud prevention but still no information about what was used to try to open an account.
And where do you see anything about the maintenance fee? Or setup fee for that matter? You can avoid the $10/mo fee if you keep $500 in the account.
Initiate Business Checking is the account you want to open. There shouldn't be any fees if you have an • $500 minimum daily balance.
Cash depositing fee is free for the first $5000 and anything over $5000 will incur a fee. So don't deposit more than 5k or better yet just leave the account alone. I dont know what the hell is this $75 fee you mention but looks like it might be for the Optimize
Business Checking .
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Banks usually give .01% interest, and even "High Yield Savings" give .5% interest. I realize interest and bonuses are not the same, but 30% return on ANYTHING seems a bit suspect