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Wells Fargo Business Checking - $1500 bonus with $5K balance for 60 days (must open account in branch)

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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.
  1. 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.
  2. 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.
  3. We will deposit the bonus into your new business checking account within 30 days after meeting all offer requirements.


https://bonusoffer.wf.com/smallbi...ingoffer3a
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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.

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Joined Aug 2015
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SlySol
04-17-2022 at 12:25 PM.
04-17-2022 at 12:25 PM.
Quote from k9thunderspg :
Make an appointment with local WF business account peep soon as for me it was 40 miles away (WF closed many branches and not all branch has biz banking) and 6-week wait so went to neighboring state 50 miles away just in time for offer expiration (targeted to my LLC by mail).

Got the $1,250 exactly on the 30th day. WF biz banker did say $1,250 offer at the time was rare so y'all jump on this deal but your local banker like mine may demand proof of business which for me was state LLC which I had already filed. You don't want to show up at the appointment and be told you don't have the "right" document...
Luckily there's a branch right across the street from me and they happened to have time to set it up when I stopped by the other day. Definitely not something to count in if you have to drive a ways though. I brought a copy of my fictitious name registration since I don't have an LLC, but they ended up pulling it up on the state registration website and printing it out from there anyway. Yeah, always better to have documentation even if you don't need it though. Mine said to expect the bonus after 90 days, so I'll assume that's when it'll arrive and hopefully, they might send them early like that again.
1
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Last edited by SlySol April 17, 2022 at 12:34 PM.
Joined Nov 2013
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AJDemineh
04-17-2022 at 10:53 PM.
04-17-2022 at 10:53 PM.
Headed in for our appointment tomorrow.
Taking our current business checking account info, to transfer funds, as well as our Fictitious business name renewal receipt. Anything else we should take?
Also, what are the fees for just maintaining the account? Planning to transfer 5K, and then just not touch it for 90 days. Wondering how much will be eaten in fees.
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Joined Aug 2015
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SlySol
04-18-2022 at 09:09 AM.
04-18-2022 at 09:09 AM.
Quote from AJDemineh :
Headed in for our appointment tomorrow.
Taking our current business checking account info, to transfer funds, as well as our Fictitious business name renewal receipt. Anything else we should take?
Also, what are the fees for just maintaining the account? Planning to transfer 5K, and then just not touch it for 90 days. Wondering how much will be eaten in fees.
A second form of ID would be good. A passport or something similar works, although they also allowed me to use a credit card with my name on it. Below is the list of requirements from Wells. Also, it might not be a bad idea to have a printout of those requirements for a sole proprietorship from their website in case the rep you get is more familiar with LLCs, etc.

https://www.wellsfargo.com/biz/re...-documents

As for fees, I don't believe you should run into any for the basic Initiate checking if that's all you're going to do. Looks like the most common fees would be from going under the minimum balance or depositing over $5,000 in cash monthly (per calendar month).
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Last edited by SlySol April 18, 2022 at 10:06 AM.
Joined Aug 2017
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auheld11
04-18-2022 at 09:37 AM.
04-18-2022 at 09:37 AM.
I have two appointments set for 2:00 and 3:30 today, but failed to get the coupon codes. If anyone has one or two extra it would be appreciated. auheld @ yahoo.com. Thanks.
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Joined Dec 2014
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panogak
04-18-2022 at 10:05 AM.
04-18-2022 at 10:05 AM.
Would also greatly appreciate if anyone has a code they can share if they do not plan to use it. panogak100 a.t gmail . Thank you so much!!!
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Joined Jun 2017
New User
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Gvk455455
04-18-2022 at 12:30 PM.
04-18-2022 at 12:30 PM.
I have a appointment scheduled for Thursday but unable to get the coupon codes. If anyone has one or two extra [email protected] Thank you and appreciate your help
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Joined May 2008
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Phaenon
04-18-2022 at 07:52 PM.
04-18-2022 at 07:52 PM.
Quote from willygee :
A bit off topic but recommendations on a good, trustworthy bank these days with good customer support?
The only bank really worth anything is Charles Schwab. 24x7 us based support. No atm fees and fees refunded worldwide. I tried in 17 countries pre COVID.
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Joined Sep 2006
WE LIKE IKE!!!
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willygee
04-18-2022 at 08:15 PM.
04-18-2022 at 08:15 PM.
Quote from Phaenon :
The only bank really worth anything is Charles Schwab. 24x7 us based support. No atm fees and fees refunded worldwide. I tried in 17 countries pre COVID.
Thanks for the recommendation. Looking for banks that have decent B&M location as well but I guess these days that seems less important...
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Joined Jan 2021
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BargainShopper101
04-18-2022 at 09:17 PM.
04-18-2022 at 09:17 PM.
How long after receiving the bonus can one cancel the account ?
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Joined Dec 2007
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Kouskous44
04-19-2022 at 07:32 AM.
04-19-2022 at 07:32 AM.
Anyone why got the code with the 5k deposit recently opened an account?

If so will they still honor the 5k deposit requirement or is it no longer valid?

I have the code for 5k deposit requirement, but was wondering if they are no longer honoring.

Secondly, anyone been successful in opening as a sole proprietorship? if so what documents are required?


TIA!
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Last edited by Kouskous44 April 19, 2022 at 01:56 PM.
Joined Jan 2011
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workinghard4
04-19-2022 at 01:56 PM.
04-19-2022 at 01:56 PM.
dang, i didn't realize it would expire so quickly said may 13th. If the codes still work and anyone have one I woul dlove to get one, just went in for a meeting only to realize I didn't have the code and walked out.
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Joined Jan 2021
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BargainShopper101
04-19-2022 at 02:14 PM.
04-19-2022 at 02:14 PM.
Quote from Kouskous44 :
Anyone why got the code with the 5k deposit recently opened an account?

If so will they still honor the 5k deposit requirement or is it no longer valid?

I have the code for 5k deposit requirement, but was wondering if they are no longer honoring.

Secondly, anyone been successful in opening as a sole proprietorship? if so what documents are required?


TIA!

I have an appointment for Friday.. the bank manager called saying I need more docs.. I might try another location
Reply
Joined Dec 2007
L6: Expert
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Kouskous44
04-19-2022 at 02:16 PM.
04-19-2022 at 02:16 PM.
Quote from BargainShopper101 :
I have an appointment for Friday.. the bank manager called saying I need more docs.. I might try another location

Are you doing sole proprietorship? If so what docs were asked for?
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Joined Dec 2016
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k9thunderspg
04-19-2022 at 04:48 PM.
04-19-2022 at 04:48 PM.
Quote from Kouskous44 :
Are you doing sole proprietorship? If so what docs were asked for?
I received a targeted mail offer in Nov last year for $1,250 after 30 days on $5k desposit. Maintaining $15k for free to receive/send wire transfers.

Am sole proprietor and brought a formal LLC filing that cost me $250 which I already had from earlier last year. BTW - the targeted mail offer was sent to my LLC.
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Joined Dec 2007
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Kouskous44
04-19-2022 at 05:01 PM.
04-19-2022 at 05:01 PM.
Quote from k9thunderspg :
I received a targeted mail offer in Nov last year for $1,250 after 30 days on $5k desposit. Maintaining $15k for free to receive/send wire transfers.

Am sole proprietor and brought a formal LLC filing that cost me $250 which I already had from earlier last year. BTW - the targeted mail offer was sent to my LLC.

Thanks. Got an appt tomorrow, according to the relationship mgr you can do a sole proprietorship without an llc to open a business checking account. If your sole prop is under your first and last name then you dont need any additional documentation besides your drivers license and 2nd id which can be a credit card.
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