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Wells Fargo New Saving account $525 Bonus with 25K deposit

+5 Deal Score
26,116 Views
Enjoy a
$525
Savings
Bonus *
Offer expires June 27, 2023

Open a new Way2Save® Savings account**, or other eligible consumer savings account, with a minimum opening deposit of $25 and complete the steps outlined below to receive your $525 bonus. This offer is for new savings customers only. See how to avoid the $5 monthly service fee on the Way2Save Savings.

Enter your email address to get the bonus offer code to provide to a banker at account opening. This bonus offer code will also be sent to you via email.


Complete these steps to get the $525 bonus:*
Offer expires June 27, 2023

1. Open
Open a new eligible consumer savings account at a Wells Fargo branch with a minimum opening deposit of $25 by June 27, 2023. You must provide the bonus offer code to the banker at the time of account opening.

2. Complete
Bring $25,000 or more in new money to your new savings account by Day 30 and maintain at least a $25,000 balance through Day 90 after account opening.

3. Enjoy
We will deposit your bonus into your new savings account within 30 days after you have met all offer requirements.

https://accountoffers.wellsfargo....vingsbonus
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Deal
Score
+5
26,116 Views
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 Nov 2011
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> bubble2 755 Posts
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aznanimality
06-07-2023 at 08:02 PM.

Our community has rated this post as helpful. If you agree, why not thank aznanimality

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Joined Nov 2013
Happy Member
> bubble2 7,865 Posts
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WuyiL
06-07-2023 at 08:05 PM.
06-07-2023 at 08:05 PM.
Quote from aznanimality :
0.15%

https://www.wellsfargo.com/savings-cds/way2save/

$525 with $25K for 90 days will be over 5% APR for sure, won't it?
Reply
Joined Oct 2013
All u need is ❤️
> bubble2 3,682 Posts
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freshsqueezed
06-07-2023 at 08:12 PM.
06-07-2023 at 08:12 PM.
Quote from WuyiL :
$525 with $25K for 90 days will be over 5% APR for sure, won't it?
Approx 8%, yet I would never recommend opening an account with Wells Fargo. Not only because of their past, but you will never get them to stop marketing products and services they are relentless.
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Last edited by freshsqueezed June 7, 2023 at 08:14 PM.
Joined Sep 2004
musicman40nj
> bubble2 1,912 Posts
327 Reputation
musicman40nj
06-08-2023 at 02:30 AM.
06-08-2023 at 02:30 AM.
Quote from freshsqueezed :
Approx 8%, yet I would never recommend opening an account with Wells Fargo. Not only because of their past, but you will never get them to stop marketing products and services they are relentless.
I am getting 4.75% now with my online savings account.

With this I am making roughly $100 for years of Wells Fargo harassment plus the time to open and close the account and chase after this supposed bonus as the regular interest rate at Wells is embarrassingly low at .015%
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Joined Jul 2012
L5: Journeyman
> bubble2 1,746 Posts
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Tigga573
06-08-2023 at 03:45 AM.
06-08-2023 at 03:45 AM.
In my experience it's a pretty big pain to move money back out of a WF account since they limit the amount you can transfer every 30 days. Combine that with WF's reputation and this just isn't worth anywhere near the hassle and risk it requires.
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Joined May 2021
L5: Journeyman
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JollyReward108
06-08-2023 at 04:37 AM.
06-08-2023 at 04:37 AM.
0.15%, what a joke.
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Joined Jul 2006
L10: Grand Master
> bubble2 7,982 Posts
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bigbearballs
06-08-2023 at 04:53 AM.
06-08-2023 at 04:53 AM.
Quote from WuyiL :
$525 with $25K for 90 days will be over 5% APR for sure, won't it?

60 days right?
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Joined May 2020
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> bubble2 239 Posts
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camar0rs
06-08-2023 at 07:28 AM.
06-08-2023 at 07:28 AM.
Quote from freshsqueezed :
Approx 8%, yet I would never recommend opening an account with Wells Fargo. Not only because of their past, but you will never get them to stop marketing products and services they are relentless.
ive been with wells fargo long before when it was wachovia, never had issue with them
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Joined Feb 2019
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JayG17
06-08-2023 at 07:52 AM.

Our community has rated this post as helpful. If you agree, why not thank JayG17

06-08-2023 at 07:52 AM.
According to my math, if you bring in $25K by day 30 and keep for another 60 days, per the promo, you get $525 bonus. This comes out to 12.6% return for 60 days unless I am completely missing something here.
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Joined Aug 2019
New User
> bubble2 1 Posts
zmantmh
06-08-2023 at 08:18 AM.
06-08-2023 at 08:18 AM.
Quote from jayg17 :
according to my math, if you bring in $25k by day 30 and keep for another 60 days, per the promo, you get $525 bonushis comes out to 12.6% return for 60 days unless i am completely missing something here.
8.5167%
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Joined Nov 2015
L2: Beginner
> bubble2 664 Posts
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thi3nd1a
06-08-2023 at 10:32 AM.
06-08-2023 at 10:32 AM.
cant open online with code?
Reply
Joined Jul 2004
L10: Grand Master
> bubble2 7,357 Posts
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Brooklynite
06-08-2023 at 10:42 AM.
06-08-2023 at 10:42 AM.
The term "new money" should be illegal especially for a bank. Money is Money.
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Joined Jul 2004
L10: Grand Master
> bubble2 7,357 Posts
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Brooklynite
06-08-2023 at 10:45 AM.
06-08-2023 at 10:45 AM.
Quote from JayG17 :
According to my math, if you bring in $25K by day 30 and keep for another 60 days, per the promo, you get $525 bonus. This comes out to 12.6% return for 60 days unless I am completely missing something here.
That's what the market is roughly. Citi sent me a slightly lower offer $1000 bonus for $75K deposit left there for 60 days.

Banks need your money so they can flip it for a 7-8% long term loans. 99% are too lazy to take the money out after 60 days.

Years ago we did Citi and got 50,000 thank you points after 90 days with a $50K deposit. It was 2016.i wonder if I will qualify for this.
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